printout House: Tsuyama, Okayama

Asset type
House
Yield
70%以上
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 950,000yen You could bid above 760,000yen
Bid period ended

Results

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

Location

Location Tsuyama, Okayama
Traffic access on report(japanese) JR姫新線 西勝間田駅 北西方 直線 約1,700m
Reference(japanese) JR姫新線 美作大崎駅 北東方 2.07km JR因美線 高野駅 南東方 2.75km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 693.00m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Building Property number 2
Building number 1955-
Registered type Residence Actual -
Registered structure Wood structured grass roofedroofedOne-story Actual Tiled roofed wooden 2 storey structure
Registered floor area 180.49m2 Actual 1F 180.49m2 2F ca.61.40m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built -

Numerical data

Cap rate 70%以上 Area 241㎡
Gross yield 96%以上 Base bid price 950,000yen
Lease demand 12 / 25pt Minimum bid price 760,000yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 190,000yen

Court data

Case number 2023(O)10 Announced 2024/03/08
Court Okayama District Court (Tsuyama) Start of viewing 2024/03/08
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/17
Sale decision 2024/05/08 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 950000yen in court auction is the same as buying the asset out of court auction at 880000yen(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 %