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Investment

Condominium in Kita, Tokyo

¥31M

≈ US$196,000

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1-30-7 Oji, Kita, Tokyo
More properties in Kita →
  • Toden Arakawa Line / Oji-ekimae7 min walk
  • Tokyo Metro Namboku Line / Oji8 min walk
  • JR Keihin-Tohoku Line / Oji9 min walk
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Good pointsFreehold (land included)New earthquake standardAuto-lock entrance
Property Overview
Terms explained
Property Type
Condominium
Year Built
Mar 2022 (4 yrs old)
Earthquake standard (from built year)
New standard (June 1981 or later)Guide
Structure
Reinforced Concrete (RC)
Floors
13 floors
Building Area
26.06㎡ (281 sq ft)
Zoning
Neighborhood Commercial
Land rights
Freehold (land included)
Current Status
Tenanted
Price per m²
¥1,189,563/m²
Management fee (monthly)
¥4,690Guide
Repair reserve (monthly)
¥1,040
Rent (monthly)
¥91,800
Gross yield
3.6%
Net yield (after fees, estimate)
3.3%

Price per m² compared

Reference figure from the asking prices of 2 other listings in this ward on this portal; not transaction prices or a market valuation.

Monthly payment estimate (with a mortgage)

20% (JPY 6,200,000)
1.00%
35 years

Monthly payment

¥70,007

Management and repair fees
¥5,730
Total monthly outgoings
¥75,737
Rental income (current rent)
¥91,800
Monthly cash flow (rent − loan − fees)
+¥16,063
Down payment
JPY 6,200,000
Loan amount
JPY 24,800,000
Total interest
JPY 4,600,000

Level-payment estimate; the repayment excludes fees, taxes and management costs (management fees and rent from the listing are shown separately). Cash flow ignores property tax, letting fees and vacancies. Lenders decide eligibility and rates. Foreign nationals can often borrow if they hold Japanese residence status or buy through a Japanese company.

Initial cost simulator

Payment

20% (JPY 6,200,000)

Loan amount (paid by the lender)JPY 24,800,000

Cash you need (estimate)

JPY 8,410,000 – JPY 8,910,000

about US$53k–56k

Down payment
JPY 6,200,000
Brokerage fee (maximum, incl. tax)
JPY 1,090,000
Stamp duty on the contract
JPY 10,000
Loan administration fee (2.2% of the loan)
JPY 550,000
Registration tax (ownership)
JPY 160,000 – JPY 250,000
Registration tax (mortgage)
JPY 20,000 – JPY 100,000
Judicial scrivener fee
JPY 100,000 – JPY 200,000
Acquisition tax (paid after handover)
JPY 160,000 – JPY 310,000
Pro-rata property tax and fees
JPY 60,000 – JPY 90,000
Fire and earthquake insurance
JPY 50,000 – JPY 90,000
Stamp duty on the loan contract
JPY 20,000

When you pay

At the contract (deposit 5%, stamp duty, half the brokerage, etc.)
JPY 2,100,000≈ US$13,300
At settlement (the rest of your cash)
JPY 6,300,000 – JPY 6,800,000

Brokerage is the legal maximum; stamp duty on the sale and loan contracts follows the National Tax Agency tables (reduced sale-contract rates until 31 March 2027). Registration and acquisition taxes, settlements and insurance depend on assessed values and the property, so they are ranges based on typical shares of the price (the loan for the mortgage registration), about 2–3% of the price in total. Lenders charge loan costs in different ways, such as a guarantee fee. See the buying guide for mortgages for foreign nationals.

Costs and mortgages explained →
Buying from overseas?How the money moves (transfer, settlement, registration), with a checklist from contract to handover.

The map shows the published address. Confirm the exact building position on site or in the documents.

Before buying, check flood, landslide, storm-surge and tsunami risk at the property, and the area's earthquake risk rank, on official maps.

Official sites open in a new tab (Japanese). The formal disclosure before the contract also shows the property on the flood hazard map.

How to read these maps (guide)
Property Overview

Oji 1-chome condominium: a tenanted investment property, 26.06 m² measured to the wall centre, north-facing seventh-floor 1K with a 3.25 m² balcony in the current REINS record. A 7-minute walk to Oji-ekimae (Toden Arakawa), 8 minutes to Oji (Tokyo Metro Namboku) and 9 minutes to Oji (JR Keihin-Tohoku). Price JPY 31,000,000. Built March 2022; RC, 13 floors, 43 units in the current record, freehold. Rented; handover by agreement. Monthly management JPY 4,690 and repair reserve JPY 1,040, totaling JPY 5,730. Source plan: approximately 7.7-jo room and kitchen. Historical source figures dated February 2024: monthly rent JPY 91,800 and displayed gross yield 3.55%. Confirm current rent and contract terms; these are past advertising figures and income is not guaranteed. Gross yield excludes taxes and management expenses. System kitchen, shampoo dresser, bathroom dryer, air conditioning, internet capability, lift and video auto-lock. Fully outsourced management. Images are the source floor plan and exterior.

North-facing43 units in totalAuto-lock entranceElevatorBathroom dryer

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1-30-7 Oji, Kita, Tokyo

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Building Area

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Year Built

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Building Area

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Year Built

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Building Area

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Year Built

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