Omiya Apartments
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Market Study and Proposal

Market Study

11 Min Walk to Omiya Station

  • Floor 1: Shop

  • Floor 2: 1 LDK (39m²)

  • Floor 3: 1 LDK (39m²)

  • Floor 4: To be determined

Unfurnished Apartment Market

Apartment Type: 1DK & 1LDK

Average Size: 37 m²

Average Base Rent: ¥77,765

Average Rent/m²: ¥2,104

Potential Rent for Omiya Apartments: ¥82,000

Objectives:

  • Turn the apartments to Furnished apartments
     

  • Weekly/Monthly Contracts
     

  • Average base rent price (Base Rent):
    100,000 JPY - 110,000 JPY

  • Utility fees:
    20,000 JPY

     

  • Occupancy:
    <90%

Expected Profit
(Per Apartment)

Monthly Gross Income

Base Rent

Building Management Fees

Utility Fees

Total

¥ 100,000

¥ 3,000

¥ 20,000

¥ 123,000

Variable may vary depending on the period of the year

Monthly Expenses (Approximation)

Miscellaneous 

WIFI

¥ 4,000

¥ 3,000

Utility Fee

¥ 15,000

Total

¥ 22,000

Variable may vary depending on the period of the year

Profit Sharing

Owner

88%

PBKK

12%

Management Fees

Average Monthly Net Profit (Per Apartment):

Yearly Net Profit (Per Apartment):

¥75,416

¥904,992

Scroll to see the rest of the year

Profit Breakdown

Summary

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