Shmuel Yavneeli 24 in Givatayim

Name: Shmuel Yavneeli 24
Brand: Carasso Real Estate Company
SKU: 7503
Availability: InStock

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Project info

Object ID: 7503

Finished at	July 2020
Price, m²	From 9460$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	51
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

283,800$

Net profit

5,906$

Payback period

35.0 years

Avg property value increase per year

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About the project

A demolition and construction project is being planned on Tiberias 38-26-28 in Givatayim. The project will demolish 21 housing units and build 2 new 63-unit buildings.

Developer

Carasso Real Estate Company Ltd. is an entrepreneurial company operating since 1933 in all major real estate areas in Israel, including resi…
Details about Carasso Real Estate Company