printout House: Hino, Shiga

Asset type
House
Yield
65.0%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 1,850,000yen You could bid above 1,480,000yen
Bid period ended

Results

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

Location

Location Hino, Shiga
Traffic access on report(japanese) 近江鉄道本線「日野」駅 東方 道路距離 約6000m
Reference(japanese) -

Property data

Type Land Property number 2
Registered category Residential land Actual category -
Registered area 287.60m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 70% Floor area ratio 200%
Type Building Property number 3
Building number 560-
Registered type Residence Actual -
Registered structure WoodenTile roofedOne-story Actual Tiled roofed wooden 2 storey structure
Registered floor area 99.17m2 Actual 1F ca.130m2,2F ca.21m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built -

Numerical data

Cap rate 65.0% Area 151㎡
Gross yield 89.4% Base bid price 1,850,000yen
Lease demand 7 / 25pt Minimum bid price 1,480,000yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 370,000yen

Court data

Case number 2023(M)42 Announced 2024/03/18
Court Otsu District Court (Hikone) Start of viewing 2024/03/18
Sale type Sealed bid auction (1 times) Bid period 2024/04/08 ~ 2024/04/15
Farm land - Result 2024/04/22
Sale decision 2024/05/20 Special sale 2024/04/30 ~ 2024/04/30

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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 1850000yen in court auction is the same as buying the asset out of court auction at 1720000yen(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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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

Rental income 0,000yen Upkeep costs 0,000yen
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Projected yield %