Hankin 28 in Raanana

Name: 📣 300$ — discount certificate
Start: 2020-05-14T11:49:14.631218+00:00
End: 2023-12-31T23:59:59+0000
Location: Hankin 28

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Construction

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Project info

Object ID: 7332

Finished at	September 2021
Price, m²	From 6980$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	38
Condition	Turnkey
Construction type	Monolyth
Security	Intercom CCTV 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

209,400$

Net profit

5,906$

Payback period

25.8 years

Avg property value increase per year

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About the project

Hankin 28 Ra'anana - As part of the Tama 38/2 demolition and construction project, 15 apartment owners will be evacuated and a beautiful new building will be erected, with 38 units in the heart of Ra'anana.

A wide mix of apartments and meticulous planning from Kidder's home.

Developer

Kedar Buildings is a family-owned company and as such it considers each of its occupants a part of the family. The company's obligations are…
Details about Kedar Buildings