Purchased at 500,000 yen (≈3,200 us dollars)

Expected renovation cost: 1,000,000 to 1,200,000 yen (≈6,500 to 7,800 us dollars)

Expected rent: 35,500 yen/mo

Expected annual gross rent yield: 25+%

This property is in extremely poor condition. We plan to renovate after renter is secured. We will keep undating the progress, so stay tuned :)