For SaleDetached House

Futo

Futo, Mihara-ku, Sakai-shi, Osaka
Asking Price
¥6,000,000
Gross Yield: 10%
Futo - 1/1
1 / 1

Executive Summary

This is a two-story wooden detached house built in June 1978, located in Futo, Mihara-ku, Sakai-shi, Osaka. Transportation access is a 25-minute walk from Hagiharatenjin Station on the Nankai Electric Railway Koya Line. The building area is 74.3 sqm with a 5DK layout. The land area is 71.69 sqm (official registry), land rights are ownership, the city planning area is an urbanization promotion area, the zoning is Category II Medium-to-High-Rise Residential Zone, and the terrain is flat. The property is currently tenanted, and the handover timing is open for consultation. Surrounding facilities include an elementary school 516m away (a 7-minute walk), commercial facilities 679m away (a 9-minute walk), and dining facilities 682m away (a 9-minute walk).

Property Details

Building Area
74.3 ㎡
Layout
5DK
5 bedrooms + dining kitchen
Structure
Wood
Built Year
1978
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥600,000
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

Land area
71.7 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Urbanization promotion area
Zoning
Category 2 mid/high-rise residential zone
Terrain
Flat

Utilities & nearby

To elementary school
about 516 m

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

Location & Map

Investment Analysis

Gross Yield10%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
10.00%
Est. Net Yield
8.50%

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

Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥6,090,000+¥510,000¥600,0009.1%0.4%
2yr¥6,180,000+¥1,020,000¥1,200,00018.3%4.8%
3yr¥6,270,000+¥1,530,000¥1,800,00027.4%6.3%
4yr¥6,370,000+¥2,040,000¥2,410,00036.6%7%
5yr¥6,460,000+¥2,550,000¥3,010,00045.8%7.5%
6yr¥6,560,000+¥3,060,000¥3,620,00055.1%7.7%
7yr¥6,660,000+¥3,570,000¥4,230,00064.3%7.9%
8yr¥6,760,000+¥4,080,000¥4,840,00073.6%8%
9yr¥6,860,000+¥4,590,000¥5,450,00082.9%8.1%
10yr¥6,960,000+¥5,100,000¥6,060,00092.2%8.2%

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.)
¥575,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥100,000
Registration License Tax (title transfer)¥50,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥90,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

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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