printout Mansion: Shimonoseki, Yamaguchi

Asset type
Apartment
Yield
41.7%
Rank
★☆☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 799,000yen You could bid above 639,200yen
Bid period ended

Location

Location Shimonoseki, Yamaguchi
Traffic access on report(japanese) JR山陽本線『下関駅』 北東方 約4.4km【道路距離】 火の山口バス停 北西方 約120m【道路距離】
Reference(japanese) -

Property data

Type Apartment building Property number 1
Building number みもすそ川町17-4-12
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 3F part 51.20m2 Actual -
Layout 3DK Balcony unknown
Service fee etc. 15,000 Land right Ownership
Occupant debtor・owner Year/month built -
Floor 3F Total units -
Type Land Share sale Property number 2
Registered category Residential land Actual category -
Registered area 845.55m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 40% Floor area ratio 200%
Share 27分-1

Numerical data

Cap rate 41.7% Area 51㎡
Gross yield 57.3% Base bid price 799,000yen
Lease demand 2 / 25pt Minimum bid price 639,200yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 159,800yen

Court data

Case number 2023(M)19 Announced 2024/05/22
Court Yamaguchi District Court (Shimonoseki) Start of viewing 2024/05/22
Sale type Sealed bid auction (2 times) Bid period 2024/06/06 ~ 2024/06/13
Farm land - Result 2024/06/19
Sale decision 2024/07/03 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 799000yen in court auction is the same as buying the asset out of court auction at 740000yen(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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Bid simulation ※click hear

Estimate the total costs here

Simulate the total cost of acquisition

Bid 0,000yen Support service 0,000yen
Registration tax 0,000yen Liabilities 0,000yen
Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
Input the desired price, calculate the acquisition cost
Calculation result↓
Total cost of acquisition 0,000yen

Simulate return from the asset

Rental income 0,000yen Upkeep costs 0,000yen
Calculte estimated return from the total cost
Calculation result↓
Projected yield %