For SaleCondominiumAkiya

Teraodai Jutaku

Teraodai 2-chome, Tama-ku, Kawasaki-shi, Kanagawa
Asking Price
¥7,000,000
Est. Net Yield: 10.66%
Teraodai Jutaku - 1/6
1 / 6

Executive Summary

Teraodai Jutaku is a 5-story reinforced concrete (RC) condominium built in July 1970, located in Teraodai 2-chome, Tama-ku, Kawasaki-shi, Kanagawa. Transportation access is an 18-minute walk from Yomiuriland-mae Station on the Odakyu Odawara Line. The unit is a 2LDK situated on the 4th floor, with a floor area of 53.9㎡ and a balcony area of 6.38㎡. The building is equipped with parking, and management is partially outsourced (day shift). The land rights are ownership, and the zoning is Category I Medium-to-High-Rise Residential Zone. The property is currently vacant, and handover is immediate.

Property Details

Building Area
53.9 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1970
Floors
Floor 4 of 5
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥990,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone

Costs besides the price

Parking
Yes

Building management

Management type
Partly outsourced
Building manager
Daytime
Management company
日本総合住宅

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

Location & Map

Investment Analysis

Est. Gross Yield14.13%
Est. Net Yield10.66%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
14.13%
Est. Net Yield
10.66%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥7,100,000+¥750,000¥850,00011.2%3.1%
2yr¥7,210,000+¥1,490,000¥1,700,00022.4%7.2%
3yr¥7,320,000+¥2,240,000¥2,560,00033.6%8.6%
4yr¥7,430,000+¥2,990,000¥3,420,00044.8%9.3%
5yr¥7,540,000+¥3,730,000¥4,270,00056.1%9.6%
6yr¥7,650,000+¥4,480,000¥5,130,00067.4%9.9%
7yr¥7,770,000+¥5,220,000¥5,990,00078.7%10%
8yr¥7,890,000+¥5,970,000¥6,860,00090%10.1%
9yr¥8,000,000+¥6,720,000¥7,720,000101.4%10.2%
10yr¥8,120,000+¥7,460,000¥8,590,000112.8%10.2%

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.)
¥615,000
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)¥120,000
Registration License Tax (title transfer)¥60,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥100,000

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)
Inquire