This 1 bedroom apartment in Motomachi, Kobe is for sale for investment.
Conveniently located to public transportation.
Plenty of space for 1-2 persons with large closet. Potential for artsy studio for 1 person, intimate living space for a couple, or cozy room for single parent with young child.
There is room for renovation to add value and increase demand such as, separating toilet and bathroom, improving kitchen space.
Gross Yield: 7.9%
Net Yeild: 6%
Monthly Rent: 65,000 yen
[Estimated Annual Income: 780,000 yen]
Communal Fee: 7,630 yen/month
Saving for Repair: 7,690 yen/month
Annual Property Tax: 39,900 yen
Other fees: None
・Built in July, 1984
・42 units in the building.
30.76㎡ on the 6th floor