Scenario: You are looking at investing in single room apartments under 28m2 with an expected a rental value of around 65,000JPY/month and 10% running costs. You expect at least 12% return on your investment so working backwards will pay no more than 5.85Million JPY. Question: Have there been any such properties sold at the foreclosures recently? Answer: In the last 8 auctions (since 2018-08-02) there have been freehold properties fitting your requirements receiving an average of bids per property. The average selling price was % of the Appraisal Value or Million JPY.
read another example
See this and so much more by subscribing to SleepWell Data and doing your own analysis, Online and In your own time. BID TO WIN!