JAPAN is a beautiful country outside of its overpopulated and gray megacities; however, one will find Tokyo, Yokohama, Osaka, Kobe, Nagoya, Hiroshima, Fukuoka and other Japanese cities to be very clean (esp considering the number of inhabitants), apart from air quality in the largest cities, and crime remains quite low. The mass transit system, including local trains and subways, bullet and various express trains, buses and domestic air travel are second to none. Things show up and depart on time!
Many expatriate transferees and their family members, at first reluctant to come for a posting, often find themselves unhappy to leave! Expats find Japan, although very transient for the international community, to be rewarding from a social aspect, and career-wise. The opportunities to make friends hailing from various parts of the globe is very appealing and parents have to worry little of their children outside of comfort zones as back home. Children and parents often find the international schools to be very conducive to educational social and emotional growth.
>>
Are you looking for a property (apartment, mansion, transient, etc.) to rent or to purchase? We can help you in all the paperworks you need to prepare and process. We will stand as your proxy to negotiate your preference and inquiries with the concerned Landlord or property owner. Just contact us for more details of our service.
>>
Mizushima Int'l. Co. Ltd. is highly committed to give customer satisfaction throughout the bidding and purchasing cycle of foreclosed properties. Since we are only two businessmen who do all the tasks, We operate our company in more practical and less-expensive way. Our customer's don't need to bother on administrative fees and staffing fees. We would like to cut the unnecessary expenses as much as possible. Enjoy Our minimum service fee of JPY 250,000 (research and coordination fee) + 6% of the property purchase amount.
>>
Our Objectives.
To provide high quality, business transparency and cost-effective service.
To stand at our customer's perspective to make a successful and long-term business relationship.

Property in Kawagoe City

Labels:
Bidding Duration: October 29, 2009 to November 5, 2009
((Monthly rental fee = 50,000 JPY x 12) / 2,400,000 JPY ) x 100 = 25% estimated ROI
>>
Nearest station from the foreclosed property:
JR川越線 西川越駅 (North-West side) - 1.24 Kilometers
JR川越線 的場駅 (Nort-East side) - 1.36 Kilometers
>>
PROPERTY DETAILS:
Standard Clearance price: JPY 2,730,000
Bargain Selling price: JPY 2,184,000
Category: Lot and Building
Floor No.: 1st floor, with 34.78 square meters; 2nd floor, with 33.12 square meters
Date constructed: 1978
>>
FACTS ABOUT THIS PROPERTY:
1) Land property is 59.39 square meters with constructed building.
2) Public road with 3.85 square meters (1/3 share)
3) Public road with 0.44 square meters (1/3 share)
A friend of the debtor is renting on the 2nd floor (Japanese style room) for a monthly rent of JPY 20,000. This tenant has the priority over the highest bidder, so there is a need to evict by court legal procedure. While on 1st and 2nd floor (Western style room), is owned by a debtor who has cleaning shop business. In this case, no need to proceed with court legal procedure. This will be a good invetment if the debtor will pay a monthly rent fee of JPY 40,000 from now.
However, if the debtor will not be able to pay the rent, you need to evict that debtor and your source of rent income will only be from 1st floor. It will be about JPY 30,000.
For the breakdown formula of estimated yield/ return-on-investment:
1) Monthly net rental fee: JPY 50,000 x 12 months
2) Possible winning bid amount: JPY 2,400,000
Expected yield/ ROI: 25 % ( No.1 / No. 2) x 100).
>>
PICTURE



0 inquiries, suggestions or comments:

Post a Comment