Japan Real Estate
No Longer ListedRetail (Whole)

Hokiro

Yamamoto, Tateyama City, Chiba
Asking Price
¥73,500,000

No Longer Listed

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

Hokiro - 1/15
1 / 15

Executive Summary

This property, Hokiro, is a Retail (Whole) building located in Yamamoto, Tateyama City, Chiba Prefecture. Situated within the JR Uchibo Line Tateyama Station area, the entire building can be utilized for various commercial purposes such as restaurants and retail shops.

Property Details

Building Area
1,145.7 ㎡
Structure
RC
Built Year
1978
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Transport
  • Tateyama Station
    JR Uchibo Line
    Walk 30 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.01%
Est. Net Yield
3.70%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

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)
2.8%
Net gain
+¥21,080,000
Gain on total investment +26.6%
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¥73,500,000+¥2,930,000¥-5,250,000-6.6%-6.6%
2yr¥73,500,000+¥5,850,000¥-2,320,000-2.9%-1.5%
3yr¥73,500,000+¥8,780,000+¥600,000+0.8%0.3%
4yr¥73,500,000+¥11,700,000+¥3,530,000+4.5%1.2%
5yr¥73,500,000+¥14,630,000+¥6,460,000+8.2%1.7%
6yr¥73,500,000+¥17,550,000+¥9,380,000+11.9%2.1%
7yr¥73,500,000+¥20,480,000+¥12,310,000+15.5%2.3%
8yr¥73,500,000+¥23,400,000+¥15,230,000+19.2%2.5%
9yr¥73,500,000+¥26,330,000+¥18,160,000+22.9%2.7%
10yr¥73,500,000+¥29,260,000+¥21,080,000+26.6%2.8%

Assumptions

  • Total investment ¥79,151,500 (price ¥73,500,000 + purchase costs ¥5,651,500)
  • Management fee and repair reserve: ¥552,000 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.)
¥5,651,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,491,500
Real Estate Acquisition Tax (est., rate varies by property type)¥1,760,000
Registration License Tax (title transfer)¥880,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥490,000

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

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