My spring in Ramat Hasharon

Name: 📣 300$ — discount certificate
Start: 2020-05-21T07:15:09.822987+00:00
End: 2023-12-31T23:59:59+0000
Location: My spring

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Construction

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Project info

Object ID: 7520

Finished at	January 2020
Price, m²	From 6060$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	21
Apartments	281
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
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

181,800$

Net profit

5,906$

Payback period

22.4 years

Avg property value increase per year

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About the project

70 apartments from the project are intended for rent to holders of a certificate of eligibility according to the Ministry of Housing criteria.

At the date of this publication, there are no vacant apartments for rent for eligible persons.

Sweepstakes winners will enter the waiting list for vacated apartments.

Developer

The Aviv Group, led by Doron Aviv and Dafna Herlev, is celebrating 55 years of activity this year. The Group has extensive experience in the…
Details about Aviv Group