Buy Property for Investment:
Lion's Mansion Yoshinocho-Minami 504 for ¥17,900,000 (1LDK Flat with Tenant)
- Fully renovated interior
- Good sun exposure
- Corner unit
- Separate bath, vanity, and toilet
- Building includes an auto-lock lobby, parcel delivery lockers, and an elevator
1LDK Apartment in Yokohama @ ¥17,900,000
Unit Name: Lion's Mansion Yoshinocho-Minami 504
Availability date: July 29, 2023
Currently listed price: ¥17,900,000
Brokerage fee + tax: ¥656,700
Stamp tax: ¥10,000
Real estate registration tax (approximate): 2% of asset value*
Fixed asset tax: 1.4% of total asset value:*
City planning tax: 0.3% of total asset value*
Approximate total cost (low end @ 6% of list price): ¥18,974,000
Approximate total cost (high end @ 7% of list price): ¥19,153,000
Price per square meter | tsubo (3.30578 sqm) ¥490,300 | ¥0
Unit space (square meters | square feet): 36.51 | 392.99
Balcony space (square meters | square feet): 4.50 | 48.44
Address: 1-22-5 Mutsumichō, Minami Ward, Yokohama, Kanagawa 232-0041
Google Maps Link: https://maps.app.goo.gl/gwPfqj4FfRnXcsd1A
Access: an 8-minute walk to Yoshinocho Station (Yokohama Municipal Blue Line)
Layout: 1LDK
Building construction complete: September 1988
Structure: Reinforced Concrete
Building floors above ground: 5; below ground: 1
Floor of unit: 5
Balcony direction: South
Total units in building:
Homeowners' association: Yes
Building maintenance company: Yes
Running Costs
Common area maintenance (CAM) fee per month: ¥23,700
Reserve fund for long-term repair plan per month: ¥10,220
Total Monthly Running Cost (Not Including Parking): ¥33,920
Occupancy status of unit: Occupied
Gross yield (approximate): 8.04%
Estimated annual rental income: ¥1,440,000
Estimated monthly rental income: ¥120,000
Land rights: Freehold
Land lease period: n/a
Neighborhood: Residential
Additional Comments:
* Total cost of ancillary taxes and fees will be between 6% and 7% of the listed price.
* "Asset Value" is substantially lower than "Market Value". Actual tax is calculated annually by local legal affairs bureau.
Inquire HERE using this contact form or call 045-663-2208 | 080-9511-7860
You can also email directly at robert@basyamichijisyo.com
(Closed Tuesday and Wednesdays | Hours 10:00 to 19:00)