House For Sale | ||||||
Details: Price : 4,800,000 JPY (approx. USD 43,000) Location: 3 Chome, Motomachi, Nagao Hirakata City, Osaka Distance: 7 minute walk to Nagao Station, JR Gakkentoshi Line Keihan Line is a bike ride (about 3 km) Size : 1) House - Total - 38.5 square meters - 1st floor - 19.62 square meters - 2nd floor - 18.68 square meters 2) Land - 30.24 square meters (100% yours) 3) Land - 1/7 of 56.84 square meters (shared land used as access walkway) Layout : 3K - 2 rentable rooms (6 tatami and 4.5 tatami) "Terrace House" (basically like a townhouse in that you share walls with adjacent houses on each side, and there is no one above or below) Age : 32 years old Maintenance Fees : zero Parking : 10 seconds away, 7000 yen per month Free parking in front for bicycle/motorbike Location: Hirakata is conveniently located between Osaka and Kyoto. Easy to commute (26 minutes to Kyobashi on Osaka Loop Line, 31 minutes to Kyoto). -Hirakata boasts 16000 University students at 6 Universities. -2 of these Universities are about 1 km from the house. The others are within biking distance. -There are thirteen major chain English schools within 6 kilometers, effectively making them within biking distance. Yield: #1. Foreign / Japanese University Students or Foreign English Teachers. Low or no key money. Renting each of 2 rooms separately would probably provide greater income, though renting to one party and allowing them to sublet the other room is less work. 6 tatami room - 38k - 48k per month 4.5 tatami room - 30k - 42k per month Entire house - 60k - 70k Total : 60k - 90k per month plus possible key money Yield : 15% - 22.5% (Estimated gross, based on 100% occupancy, 0 key money) Even if you drop the rent to 49k per month, the yield is 12.25% Next page, more info: click here Contact : y3tg@yahoo.com |
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