printout House: Imabari, Ehime

Asset type
House
Yield
57.2%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 3,280,000yen You could bid above 2,624,000yen
Bid period ended

Results

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

Location

Location Imabari, Ehime
Traffic access on report(japanese) JR予讃線「菊間」駅 東北東方 道路距離 約700m 最寄バス停「JA菊間」 南方 約550m(徒歩約7分)
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 476.00m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 2355-
Registered type Workshop Actual -
Registered structure steel structuredSlate-roofedroofedOne-story Actual -
Registered floor area 257.04m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1997/08

Numerical data

Cap rate 57.2% Area 257㎡
Gross yield 78.7% Base bid price 3,280,000yen
Lease demand 5 / 25pt Minimum bid price 2,624,000yen
Ratio of years passed
to depreciable years
104% Earnest money deposit 656,000yen

Court data

Case number 2023(M)84 Announced 2024/03/14
Court Matsuyama District Court (Main) Start of viewing 2024/03/14
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 2024/04/19 ~ 2024/04/22

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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 3280000yen in court auction is the same as buying the asset out of court auction at 3050000yen(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 0,000yen Support service 0,000yen
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Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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Total cost of acquisition 0,000yen

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Projected yield %