Price : 4,800,000 JPY (approx. USD 43,000)
Location: 3 Chome, Motomachi, Nagao
Hirakata City, Osaka
Distance: 7 minute walk to Nagao Station, JR Gakkentoshi Line
Keihan Line is a bike ride (about 3 km)
Size : 1) House - Total - 38.5 square meters
- 1st floor - 19.62 square meters
- 2nd floor - 18.68 square meters
2) Land - 30.24 square meters (100% yours)
3) Land - 1/7 of 56.84 square meters (shared
land used as access walkway)
Layout : 3K - 2 rentable rooms (6 tatami and 4.5 tatami)
"Terrace House" (basically like a townhouse in
that you share walls with adjacent houses on
each side, and there is no one above or below)
Age : 32 years old
Maintenance Fees : zero
Parking : 10 seconds away, 7000 yen per month
Free parking in front for bicycle/motorbike
Location:
Hirakata is conveniently located between Osaka and Kyoto. Easy to commute (26 minutes to Kyobashi on Osaka Loop Line, 31 minutes to Kyoto).
-Hirakata boasts 16000 University students at 6 Universities.
-2 of these Universities are about 1 km from the house. The others are within biking distance.
-There are thirteen major chain English schools within 6 kilometers, effectively making them within biking distance.
Yield:
#1.
Foreign / Japanese University Students or Foreign English Teachers. Low or no key money. Renting each of 2 rooms separately would probably provide greater income, though renting to one party and allowing them to sublet the other room is less work.
6 tatami room - 38k - 48k per month
4.5 tatami room - 30k - 42k per month
Entire house - 60k - 70k
Total : 60k - 90k per month plus possible key money
Yield : 15% - 22.5%
(Estimated gross, based on 100% occupancy, 0 key money)
Even if you drop the rent to 49k per month, the yield is 12.25%
Next page, more info: click here
Contact : y3tg@yahoo.com
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