Bidding Duration: January 14, 2010 to January 21, 2010
Bidding Opening Day: January 28, 2010
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Nearest station from the foreclosed property:
Nearest station from the foreclosed property:
1) JR Joban line kameari station - 1.3 Kilometers
2) Subway Chiyoda line ayase station - 1.19 Kilometers
2) Subway Chiyoda line ayase station - 1.19 Kilometers
3) Keisei honsen ohanajaya station - 1.59 Kilometers
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PROPERTY DETAILS:
PROPERTY DETAILS:
Clearance standard price: JPY 2,240,000
Minimum purchase price: JPY 1,792,000
Category: 1 bedroom mansion
Room Floor area: 15.87 square meters
Property management fees: JPY 11,840
Unpaid property management fees: JPY 700,000
Current rental fee: JPY 74,000
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Facts about this property:
Currently there is a tenant in this mansion. Current Rental fee is JPY 74,000. But this rental fee is higher than the market price. The average market price of this room is about JPY 50,000.
You should consider this when you calculate the yield rate.
Unpaid property management fees: JPY 700,000.
The room space is narrow. But on the other hand, tenant will benefit with the convenience of using 3 lines of train. Therefore, finding a tenant on this mansion would be easy.
In order to evict the current tenant, there is no need to file legal court proceedings. Eviction can be done easily.
You should consider this when you calculate the yield rate.
Unpaid property management fees: JPY 700,000.
The room space is narrow. But on the other hand, tenant will benefit with the convenience of using 3 lines of train. Therefore, finding a tenant on this mansion would be easy.
In order to evict the current tenant, there is no need to file legal court proceedings. Eviction can be done easily.
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Approximate bidding amount:
JPY 38,000 x 12/0.1 = JPY 4,560,000
JPY 4,560,000 - (Unpaid property management fees: JPY 700,000) = JPY 3,860,000
JPY 38,000 x 12/0.1 = JPY 4,560,000
JPY 4,560,000 - (Unpaid property management fees: JPY 700,000) = JPY 3,860,000
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