printout House: Suita, Osaka

Asset type
House
Yield
32.8%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 10,430,000yen You could bid above 8,344,000yen
Bid period ended

Location

Location Suita, Osaka
Traffic access on report(japanese) JR東海道本線 岸辺駅 南西方 道路距離 約960m
Reference(japanese) 阪急京都本線 正雀駅 西方 1.29km JR東海道本線 吹田駅 北東方 1.51km 阪急千里線 吹田駅 北東方 2.17km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 171.90m2 Actual area -
Zoning Residential Class II Residential Class I Usage -
Building to land ratio 60% 60% Floor area ratio 200% 200%
Type Building Property number 2
Building number 538-3
Registered type Residence Actual -
Registered structure WoodenTile roofed2F building Actual -
Registered floor area 1F 133.40m2,2F 111.30m2 Actual -
Layout 11K+K Land right Ownership
Occupant debtor・owner Year/month built 1977/07

Numerical data

Cap rate 32.8% Area 244㎡
Gross yield 45.1% Base bid price 10,430,000yen
Lease demand 24 / 25pt Minimum bid price 8,344,000yen
Ratio of years passed
to depreciable years
209% Earnest money deposit 2,090,000yen

Court data

Case number 2023(O)140 Announced 2024/04/11
Court Osaka District Court (Main) Start of viewing 2024/04/11
Sale type Sealed bid auction (2 times) Bid period 2024/04/25 ~ 2024/05/07
Farm land - Result 2024/05/13
Sale decision 2024/05/24 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 10430000yen in court auction is the same as buying the asset out of court auction at 9700000yen(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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