Since we received an inquiry from overseas today, we will briefly explain the profits of making an investment.
Since the budget limit was about 8.5 million yen, we presented the following cases to our customers as a case study.
Detom-1 Shijo Omiya PartⅡ
Sales Price 5,800,000 yen
Total cost for purchase (roughly) 6,330,000 yen*¹
Annual rent 492,000 yen
Monthly Rent 41,000 yen
Monthly Total Cost 10,250 yen*²
monthly cost-1 4,725 yen
monthly cost-2 5,500 yen*³
*property management cost
Monthly Income 30,750 yen
Annual Rent Income 369,000 yen
*¹ Total cost include ownership registration fee, ownership registration tax, part of fixed asset tax, agency fee and acquisition tax
*² Total cost include maintenance fee and repair reserve fund and terrace using fee
*³ Case of cost for asking full management service
When you purchase a leased property in Japan, it is often called an Owner Change property. Unfortunately, if there is lessee, we cannot look inside the room. Therefore, we will select investment properties based on the exterior of the building, the location of the room, and other details on the paper.
If the building is rented, it is also necessary to check whether the rent is too high compared to the surrounding market, or if it becomes a vacant house, it is easy to find the next occupant. It should be noted that if the rent is too high, even if the current yield is good, the rent may become unoccupied and you may not be able to get the rent you expected.
When choosing a property, it is necessary to confirm whether it is near the station, near the university, a popular area, the direction of the veranda, the number of floors, or whether the floor plan is easy to use.
We can also discuss rental demand, so please contact us if you would like to invest from a cheap real estate first.
Comments are closed.
Arrows International Realty Corp.
Real Estate agent in Kyoto, Buy and Sell, Leasing, Renovation and Construction, Management for Investment and Vacation Property, Professional Services for International Customers. We deal in KyoMachiya houses, detached and attached Houses, new and old Condominium Apartments, Block of Apartments and Buildings for Commercial, Residential and Investments use, Manage and Support Operation and New Development of Guesthouse, Ryokan and Hotel, Total Supports for Land and Buildings Real Estate in Kyoto.
Yours sincerely, Founder Ken Hayashi
Real Estate Broker Company License No. Kyoto-Fu Governor ( 1 ) 14044 , Member of Kyoto Association of Residential Land Building Business