For SaleCondominium

Prosper Nakano

Nakano 2-chome, Nakano-ku, Tokyo
Asking Price
¥16,500,000
Est. Net Yield: 5.31%
Prosper Nakano - 1/1
1 / 1

Executive Summary

This is Prosper Nakano, an 11-story steel-framed reinforced concrete (SRC) apartment building constructed in July 1982, located in Nakano 2-chome, Nakano-ku, Tokyo. Transportation access is a 5-minute walk from Nakano Station on the Chuo Main Line, the Sobu-Chuo Local Line, and the Tokyo Metro Tozai Line. The subject unit is a south-facing 1R layout located on the 3rd floor, with a floor area of 21.8 sqm and a balcony area of 3.77 sqm. The building features bicycle parking, and the management form is fully outsourced (patrol). The land right is ownership. It is currently tenanted, and handover is immediate.

Property Details

Building Area
21.8 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1982
Floors
Floor 3 of 11
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,030,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Immediately

Land & legal restrictions

Land rights
Freehold

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Owners' association
Yes

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

Location & Map

Investment Analysis

Est. Gross Yield6.25%
Est. Net Yield5.31%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.25%
Est. Net Yield
5.31%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥16,750,000+¥880,000¥1,120,0006.3%-0.4%
2yr¥17,000,000+¥1,750,000¥2,250,00012.7%3%
3yr¥17,250,000+¥2,630,000¥3,380,00019.1%4.1%
4yr¥17,510,000+¥3,500,000¥4,510,00025.5%4.7%
5yr¥17,780,000+¥4,380,000¥5,650,00031.9%5%
6yr¥18,040,000+¥5,250,000¥6,800,00038.4%5.2%
7yr¥18,310,000+¥6,130,000¥7,940,00044.9%5.4%
8yr¥18,590,000+¥7,000,000¥9,090,00051.4%5.5%
9yr¥18,870,000+¥7,880,000¥10,250,00057.9%5.5%
10yr¥19,150,000+¥8,760,000¥11,400,00064.4%5.6%

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.)
¥1,200,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥610,500
Real Estate Acquisition Tax (est., rate varies by property type)¥290,000
Registration License Tax (title transfer)¥140,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥150,000

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

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Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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