For SaleCondominium

Hoyu Confort Nishi-Kawaguchi

Nishi-Kawaguchi 1-chome, Kawaguchi-shi, Saitama
Asking Price
¥11,800,000
Est. Net Yield: 3.77%
Hoyu Confort Nishi-Kawaguchi - 1/8
1 / 8

Executive Summary

Hoyu Confort Nishi-Kawaguchi is a 10-story steel-framed reinforced concrete (SRC) condominium building constructed in May 1989, located in Nishi-Kawaguchi 1-chome, Kawaguchi-shi, Saitama. Transportation access is a 6-minute walk from Nishi-Kawaguchi Station on the Keihin-Tohoku and Negishi Line. The unit is situated on the 6th floor, with a floor area of 16.6 sqm, a balcony area of 4.2 sqm, a 1K layout, and an east-facing balcony. The management is fully outsourced (patrol management). The zoning is a commercial zone, and the land rights are ownership. The property is currently tenanted, and delivery is open for consultation.

Property Details

Building Area
16.6 ㎡
Layout
1K
Studio with separate kitchen
Structure
SRC
Built Year
1989
Floors
Floor 6 of 10
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥660,000
Transport
  • Nishi-Kawaguchi Station
    JR Keihin-Tohoku/Negishi Line
    Walk 6 min
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 rights
Freehold
Zoning
Commercial zone

Building management

Management type
Fully outsourced
Building manager
Visiting

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

Location & Map

Investment Analysis

Gross Yield5.59%
Est. Net Yield3.77%

Based on the rent under the current lease.

Net yield = (annual rent − management fee and repair reserve − property management fee (5.5% of rent)) ÷ (price + purchase costs). Property tax, vacancies and repair costs are not included.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
5.59%
Est. Net Yield
3.77%
If sold after 10 years (before tax)
Annual return (IRR)
2.8%
Net gain
+¥3,430,000
Gain on total investment +27.0%
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¥11,800,000+¥480,000¥-880,000-6.9%-6.9%
2yr¥11,800,000+¥960,000¥-400,000-3.2%-1.6%
3yr¥11,800,000+¥1,440,000+¥80,000+0.6%0.2%
4yr¥11,800,000+¥1,910,000+¥550,000+4.4%1.1%
5yr¥11,800,000+¥2,390,000+¥1,030,000+8.1%1.7%
6yr¥11,800,000+¥2,870,000+¥1,510,000+11.9%2.1%
7yr¥11,800,000+¥3,350,000+¥1,990,000+15.7%2.3%
8yr¥11,800,000+¥3,830,000+¥2,470,000+19.4%2.5%
9yr¥11,800,000+¥4,310,000+¥2,950,000+23.2%2.7%
10yr¥11,800,000+¥4,790,000+¥3,430,000+27.0%2.8%

Assumptions

  • Total investment ¥12,695,400 (price ¥11,800,000 + purchase costs ¥895,400)
  • Management fee and repair reserve: ¥145,080 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.)
¥895,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥455,400
Real Estate Acquisition Tax (est., rate varies by property type)¥210,000
Registration License Tax (title transfer)¥100,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥120,000

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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