HaRabi mi-Ruzhin 9 in Ramat Gan

Name: HaRabi mi-Ruzhin 9
Brand: בית וגג
SKU: 6818
Availability: InStock

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Project info

Object ID: 6818

Finished at	December 2021
Price, m²	From 8000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	19
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Kids playground 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

240,000$

Net profit

5,906$

Payback period

29.6 years

Avg property value increase per year

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About the project

A 9-story boutique building and 19 residential units in Mizrachi Housing, Ramat Gan The project is located on a quiet and quiet side street, within walking distance of the Neve Merom, from parks, gardens, schools and municipal services. Close to Ramat Gan College and Country Club and close to major traffic routes and a field champion interchange.

Developer

House and Roof is one of the oldest, robust and prominent companies in the field of urban renewal in Israel, which currently leads dozens of…
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