printout House: Asakuchi, Okayama

Asset type
House
Yield
36.2%
Rank
★★★☆☆
Bid period ended

Property image

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Property URL

Base bid price 5,660,000yen You could bid above 4,528,000yen
Bid period ended

Results

Court classification House Sale price -
Bid opening No sale Number of bidders -
Winner qualification -

Location

Location Asakuchi, Okayama
Traffic access on report(japanese) JR山陽本線 鴨方駅 北東方 直線 約650m
Reference(japanese) JR山陽本線 金光駅 西方 2.85km

Property data

Type Building Property number 2
Building number 3674-1
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual WoodenTile roofed3story building
Registered floor area 1F 111.00m2,2F 97.47m2 Actual 1F 111.00m2,2F 97.47m2,3F ca.27m2
Layout Others Land right Statutory superficies
Occupant debtor・owner Year/month built 1998/05

Numerical data

Cap rate 36.2% Area 235㎡
Gross yield 49.8% Base bid price 5,660,000yen
Lease demand 15 / 25pt Minimum bid price 4,528,000yen
Ratio of years passed
to depreciable years
113% Earnest money deposit 1,140,000yen

Court data

Case number 2023(O)37 Announced 2024/03/08
Court Okayama District Court (Main) Start of viewing 2024/03/08
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/09 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 5660000yen in court auction is the same as buying the asset out of court auction at 5270000yen(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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Others 0,000yen
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Projected yield %