printout House: Matsuyama, Ehime

Asset type
House
Yield
29.3%
Rank
★★★☆☆
Bid period ended

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Base bid price 2,080,000yen You could bid above 1,664,000yen
Bid period ended

Results

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

Location

Location Matsuyama, Ehime
Traffic access on report(japanese) 伊予鉄市内線 道後温泉駅 北西方 道路距離 約870m 最寄バス停 伊予鉄「祝谷二丁目バス停」 北東方 約40m(徒歩約1分)
Reference(japanese) 伊予鉄道3系統 道後公園駅 北西方 0.89km 伊予鉄道5系統 道後公園駅 北西方 0.89km 伊予鉄道1系統 平和通1丁目駅 北東方 1.03km

Property data

Type Building Property number 2
Building number 251-3-1
Registered type Residence Actual -
Registered structure WoodenSlate-roofedTile・Zinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 39.92m2,2F 23.66m2 Actual -
Layout Others Land right Statutory superficies
Occupant debtor・owner Year/month built 1967/08

Numerical data

Cap rate 29.3% Area 63㎡
Gross yield 40.3% Base bid price 2,080,000yen
Lease demand 15 / 25pt Minimum bid price 1,664,000yen
Ratio of years passed
to depreciable years
254% Earnest money deposit 416,000yen

Court data

Case number 2023(O)60 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 2080000yen in court auction is the same as buying the asset out of court auction at 1930000yen(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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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
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Total cost of acquisition 0,000yen

Simulate return from the asset

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Projected yield %