For SaleCondominium

Hope Kinshicho

Taihei 2-chome, Sumida-ku, Tokyo
Asking Price
¥9,500,000
Est. Net Yield: 9.09%
Hope Kinshicho - 1/1
1 / 1

Executive Summary

Hope Kinshicho is a 5-story reinforced concrete condominium building built in August 1984, located in Taihei 2-chome, Sumida-ku, Tokyo. Transportation access is a 9-minute walk from Kinshicho Station on the Tokyo Metro Hanzomon Line and the Sobu Main Line, and an 11-minute walk from Kinshicho Station on the Sobu-Chuo Local Line. The building has a total of 22 units, features a tiled exterior, and is under fully outsourced roaming management. The unit is a 1R layout located on the 3rd floor, with a floor area of 12.8 sqm and a balcony area of 1 sqm, equipped with an auto-lock system, air conditioning, and a hot water supply system. Land rights are ownership, and the zoning is Neighborhood Commercial Zone. The property is currently tenanted, and the handover timing is negotiable.

Property Details

Building Area
12.8 ㎡
Layout
1R
Studio
Structure
RC
Built Year
1984
Floors
Floor 3 of 5
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,000,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
141.1 ㎡
Land rights
Freehold
Zoning
Neighborhood commercial zone

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
マイハウジングワン
Owners' association
Yes
Total units
22 units

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

Location & Map

Investment Analysis

Est. Gross Yield10.48%
Est. Net Yield9.09%

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
10.48%
Est. Net Yield
9.09%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥9,640,000+¥860,000¥1,010,0009.8%2.6%
2yr¥9,790,000+¥1,730,000¥2,010,00019.7%6.3%
3yr¥9,930,000+¥2,590,000¥3,020,00029.5%7.5%
4yr¥10,080,000+¥3,450,000¥4,040,00039.4%8.1%
5yr¥10,230,000+¥4,320,000¥5,050,00049.3%8.4%
6yr¥10,390,000+¥5,180,000¥6,070,00059.2%8.6%
7yr¥10,540,000+¥6,050,000¥7,090,00069.2%8.7%
8yr¥10,700,000+¥6,910,000¥8,110,00079.2%8.8%
9yr¥10,860,000+¥7,770,000¥9,130,00089.2%8.9%
10yr¥11,030,000+¥8,640,000¥10,160,00099.2%8.9%

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.)
¥744,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥379,500
Real Estate Acquisition Tax (est., rate varies by property type)¥170,000
Registration License Tax (title transfer)¥80,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥110,000

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

Book from open times

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.

Apply online

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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