printout House: Kishiwada, Osaka

Asset type
House
Yield
7.2%
Rank
★★☆☆☆
To the bid due7 days left

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Property URL

Base bid price 4,430,000yen You can bid above 3,544,000yen
To the bid due 7 days left

Location

Location Kishiwada, Osaka
Traffic access on report(japanese) 阪和線 東岸和田駅 南方 道路距離 約2,400m 最寄りバス停 天神山町1丁目停留所 西方 約350m
Reference(japanese) 水間鉄道水間線 名越駅 北東方 1.90km 阪和線 東貝塚駅 南東方 2.06km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 84.29m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 406-17
Registered type Residence・Garage Actual -
Registered structure Wood・SteelconcreteSlate roofed3story building Actual -
Registered floor area 1F 42.16m2,2F 36.45m2,3F 34.02m2 Actual 1F ca.34.2m2
Layout 3LDK Land right Ownership・Land lease
Occupant Yes Year/month built 2008/12

Numerical data

Cap rate 7.2% Area 104㎡
Gross yield 9.9% Base bid price 4,430,000yen
Lease demand 17 / 25pt Minimum bid price 3,544,000yen
Ratio of years passed
to depreciable years
31% Earnest money deposit 886,000yen

Court data

Case number 2023(M)77 Announced 2024/05/10
Court Osaka District Court (Kishiwada) Start of viewing 2024/05/10
Sale type Sealed bid auction (1 times) Bid period 2024/05/24 ~ 2024/05/31
Farm land - Result 2024/06/07
Sale decision 2024/06/28 Special sale -
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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 4430000yen in court auction is the same as buying the asset out of court auction at 4120000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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