Nearest station : Kawaguchi, 9 minutes walk.
It takes 24 minutes by train from Kawaguchi station to Tokyo station.
Selling price : 3,800,000 yen
There is not balcony in this apartment.
So, price is affordable.
This apartment is 3 stories building. Number of rooms are small.
So, in this case, Apartment Management Fee and reserve fund for repair is higher than tall building.
Year of built : 1985
prospective rental fee : 47,000 yen
So, gross yield on investment will be 47,000 yen × 12 months = 564,000 yen
564,000 yen / 3,800,000 yen = 14 %.
In case of this apartment, cost to filing registering ownership transfer will be about 150,000 yen.
Fee for realtor will be about 180,000 yen.
( If you order me, I will find realtor with cheaper fee. )
Settlement of real estate tax, immediate Apartment Management Fee, reserve fund for repair will be several 10 thousands yen.
In general, purchasing cost will be about 10 % of transaction price.
So, when the price of real estate is 3,800,000 yen, buyer needs to pay 380,000 yen as additional cost, like registration tax, fee for realtor, judicial scrivener.