Today’s listing is a leaseback property!
What is the leaseback?
“Leaseback” is a method of continuing to live in the property after selling it as a rental property.
For this property, currently the seller is living there and trying to sell it.
once it is sold to a new owner, the seller will keep staying in the property as your tenenat.
Please check the details below.
Name: Frection Sagamihara (フレクション相模原）
Price: 2,900,000 Yen ≒ 20,902 USD
Size: 18.2 sqm ≒ 195 sqf
→ 107 usd/sqf
Google map: https://goo.gl/maps/h7B4GPCcayW6zvLe9
5 mins walk to bus stop
17 mins walk to Minamihashimoto (南橋本） station
Structure: Reinforced Concrete
Land Rights: Freehold
Number of total units: 95
No.of Floor: 7F
Unit Floor: 3F
Built Year: Sep 1988
Building Management/Maintenance Fee: 7,710 yen/month
Type of unit: 1R
Size: 18.2 sqm
Balcony: 3.36 sqm
Facing: Need to confirm
Rent: 37,000 yen/month ※Market rent is around 30,000~32,000 Yen
(Detail of lease contract)
Seller (will be a tenant): Japanese male, 60-70s
Please click the link below to see some photos of other rooms in the same apartment for your reference
In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.
I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.
If you are interested in this property, please inquire me as soon as you can!!
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