No Longer ListedCondominium

Artif Gardens Kawasaki

4-chome, Tsukagoshi, Saiwai Ward, Kawasaki City, Kanagawa Prefecture
Asking Price
¥64,980,000
Est. Net Yield: 3.1%

No Longer Listed

This property is no longer listed and is not currently available. The details remain here for reference.

Artif Gardens Kawasaki - 1/4
1 / 4

Executive Summary

Artif Gardens Kawasaki is a condominium located in Tsukagoshi 4-chome, Saiwai Ward, Kawasaki City, Kanagawa Prefecture. The nearest station is Yako Station on the JR Nambu Line, offering access to major areas including Kawasaki, Shinagawa, Tokyo, and Yokohama. Daily convenience facilities are located in the surrounding neighborhood.

Property Details

Building Area
75.8 ㎡
Structure
SRC
Built Year
1999
Floors
Floor 14 of 14
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,280,000
Transport
  • Yako Station
    JR Nambu Line
    Walk 8 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Management fee
¥7,580 per month
Repair reserve
¥15,090 per month
Fixed asset tax and city planning tax
Charged every year (1.4% of the assessed value as standard, plus up to 0.3%; reduced for residential land)The amount depends on the assessed value set by the municipality, so it is not shown for this property.

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Est. Gross Yield3.52%
Est. Net Yield3.1%

Calculated from an estimated rent. Actual rent may differ.

Net yield = (annual rent − management fee and repair reserve − property management fee (5.5% of rent)) ÷ (price + purchase costs). Property tax, vacancies and repair costs are not included.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
3.52%
Est. Net Yield
2.72%
If sold after 10 years (before tax)
Annual return (IRR)
1.8%
Net gain
+¥12,220,000
Gain on total investment +17.6%
Est. Property ValueCumulative Net IncomeNet gain

Assumptions

  • Total investment ¥69,390,340 (price ¥64,980,000 + purchase costs ¥4,410,340)
  • Management fee and repair reserve: ¥272,040 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥4,410,340
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,210,340
Real Estate Acquisition Tax (est., rate varies by property type)¥1,160,000
Registration License Tax (title transfer)¥580,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥430,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

You can view the properties we currently offer in our listings. We are also glad to suggest similar opportunities.