No Longer ListedCommercial Building

Tsudanuma Building

1-chome Maebara-nishi, Funabashi City, Chiba
Asking Price
¥180,000,000
Gross Yield: 8.14%

No Longer Listed

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

Tsudanuma Building - 1/1
1 / 1

Executive Summary

Tsudanuma Building is a building property located in Maebara-nishi 1-chome, Funabashi City, Chiba Prefecture. The property has railway access via Tsudanuma Station on the JR Sobu and Chuo Local Lines.

Property Details

Building Area
588.0 ㎡
Structure
Steel
Built Year
1984
Floors
4 Floors
Earthquake Std.
New Seismic Standard
Annual Income
¥14,650,000
Transport
  • Tsudanuma Station
    JR Chuo-Sobu Line Local
    Walk 13 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Location & Map

Investment Analysis

Gross Yield8.14%

Based on the property's annual business income.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
8.14%
Est. Net Yield
6.01%

Management and repair fees for this property are not available, so expenses are assumed to be 15% of rent.

If sold after 10 years (before tax)
Annual return (IRR)
5.2%
Net gain
+¥96,730,000
Gain on total investment +49.9%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥180,000,000+¥11,650,000¥-8,100,000-4.2%-4.2%
2yr¥180,000,000+¥23,290,000+¥3,550,000+1.8%0.9%
3yr¥180,000,000+¥34,940,000+¥15,200,000+7.8%2.7%
4yr¥180,000,000+¥46,590,000+¥26,840,000+13.9%3.6%
5yr¥180,000,000+¥58,230,000+¥38,490,000+19.9%4.1%
6yr¥180,000,000+¥69,880,000+¥50,140,000+25.9%4.5%
7yr¥180,000,000+¥81,530,000+¥61,790,000+31.9%4.8%
8yr¥180,000,000+¥93,170,000+¥73,430,000+37.9%4.9%
9yr¥180,000,000+¥104,820,000+¥85,080,000+43.9%5.1%
10yr¥180,000,000+¥116,470,000+¥96,730,000+49.9%5.2%

Assumptions

  • Total investment ¥193,676,000 (price ¥180,000,000 + purchase costs ¥13,676,000)
  • Management fee and repair reserve: ¥2,197,499.4 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.)
¥13,676,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥6,006,000
Real Estate Acquisition Tax (est., rate varies by property type)¥4,320,000
Registration License Tax (title transfer)¥2,160,000
Stamp Duty (purchase agreement)¥60,000
Judicial Scrivener & Other Fees (est.)¥1,130,000

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

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