Bidding duration: August 27, 2009 to September 03, 2009
Projected yield: 25% (In case of bid at Clearance standard price)
(Monthly rental fee = 39,000 JPY) x 12 / 1,870,000 JPY x 100 = 25%
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Nearest station from the foreclosed property:
東武東上線 (tobu tojo line) 上福岡駅(kami hukuoka station) 1.9 Kilometers
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PROPERTY DETAILS:
Clearance standard price: 1,870,000 JPY
Category: House and lot
Projected yield: 25% (In case of bid at Clearance standard price)
(Monthly rental fee = 39,000 JPY) x 12 / 1,870,000 JPY x 100 = 25%
>>
Nearest station from the foreclosed property:
東武東上線 (tobu tojo line) 上福岡駅(kami hukuoka station) 1.9 Kilometers
>>
PROPERTY DETAILS:
Clearance standard price: 1,870,000 JPY
Category: House and lot
>>
FACTS ABOUT THIS PROPERTY:
The floor area of this house and lot property are: 1st floor is 20 square meters; 2nd floor is 18 square meters. It has small floor area that's why you can purchase at the cheapest clearance standard price of JPY 1,870,000. Where in you can place a bid amount at 1,496,000 less 20% .
Furthermore, this foreclosed property has an existing occupant/ tenant during the actual inspection of the Court Office. The monthly rental fee is JPY 39,000.
This property is outside Tokyo area and not attractive to common buyer. However, it is a kind of property that has a good return-on-investment or yield.
By the way, my parents live in the city with the same rail-way track where this property located at, but more farther place from Tokyo. (By Akiyama)
Furthermore, this foreclosed property has an existing occupant/ tenant during the actual inspection of the Court Office. The monthly rental fee is JPY 39,000.
This property is outside Tokyo area and not attractive to common buyer. However, it is a kind of property that has a good return-on-investment or yield.
By the way, my parents live in the city with the same rail-way track where this property located at, but more farther place from Tokyo. (By Akiyama)
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