printout House: Misato, Kumamoto

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

Property image

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Property URL

Base bid price 1,881,000yen You could bid above 1,504,800yen
Bid period ended

Results

Court classification House Sale price 2,800,000yen
Bid opening Sale Number of bidders 4
Winner qualification Individual

Location

Location Misato, Kumamoto
Traffic access on report(japanese) 「美里町役場砥用庁舎」 東方 約5km(直線距離)
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 413.60m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Land Property number 2
Registered category Residential land Actual category Public road
Registered area 14.39m2 Actual area -
Zoning Undesignated out of urban plan area Usage -
Building to land ratio - Floor area ratio -
Type Building Property number 3
Building number 812-
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 138.53m2,2F 63.17m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1995/02

Numerical data

Cap rate 70%以上 Area 201㎡
Gross yield 96%以上 Base bid price 1,881,000yen
Lease demand 0 / 25pt Minimum bid price 1,504,800yen
Ratio of years passed
to depreciable years
131% Earnest money deposit 376,200yen

Court data

Case number 2023(M)55 Announced 2024/03/26
Court Kumamoto District Court (Main) Start of viewing 2024/03/26
Sale type Sealed bid auction (1 times) Bid period 2024/04/09 ~ 2024/04/16
Farm land - Result 2024/04/22
Sale decision 2024/05/13 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 1881000yen in court auction is the same as buying the asset out of court auction at 1750000yen(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」.

Others show interests in properties below also

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
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Projected yield %