Tsvi 11 in Ramat Gan

Name: Tsvi 11
Brand: Africa Urban Renewal
SKU: 7175
Availability: InStock

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Project info

Object ID: 7175

Finished at	July 2019
Price, m²	From 7810$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	28
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	Intercom
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

234,300$

Net profit

5,906$

Payback period

28.9 years

Avg property value increase per year

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About the project

In Rishonim neighborhood, which is one of the quietest and oldest neighborhoods in Ramat Gan, with an excellent education system and a high quality population, you can also enjoy living in a rural atmosphere. The project was built in the heart of the green neighborhood, located in a central location and very close to Tel Aviv and Givatayim. Adjacent to Ramat Gan's new residential, business and leisure complex - the City complex, with high accessibility to the main transport routes, to the train station and, in the future, to the light rail. You can choose 3 room apartments, garden apartments and penthouses.

Developer

Experience, power, reliability "Africa Urban Renewal," is a wholly owned subsidiary of the Africa Israel Residential Group, the leading rea…
Details about Africa Urban Renewal