Dov Friedman 28 in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-05-14T09:18:08.188780+00:00
End: 2023-12-31T23:59:59+0000
Location: Dov Friedman 28

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Project info

Object ID: 7323

Finished at	October 2021
Price, m²	From 7900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	27
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Near school Near kindergarten Near supermarket Near hospital
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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

237,000$

Net profit

5,906$

Payback period

29.2 years

Avg property value increase per year

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About the project

Project Location

The project is located on Dov Friedman Street in the quiet and desirable elite neighborhood, the neighborhood near the stock exchange complex, Ayalon lanes, etc.

the project's description

As part of the TAMA 38 project, strengthening the building against earthquakes, expanding existing apartments (mm, balcony), adding an elevator, stone and aluminum cladding (all facades), replacing the shared infrastructure, etc.

New apartments

Extra typical two floors and attic rooms, 7 new units.

Developer

The Angloinvest Urban Renewal Group specializes in providing the full range of services required to execute urban renewal projects: construc…
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