Birenbaum in a dream in Rishon Letsiyon

Name: 📣 300$ — discount certificate
Start: 2020-05-01T09:29:05.570551+00:00
End: 2023-12-31T23:59:59+0000
Location: Birenbaum in a dream

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Construction

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Project info

Object ID: 7013

Finished at	March 2020
Price, m²	From 6400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	28
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
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

192,000$

Net profit

5,906$

Payback period

23.7 years

Avg property value increase per year

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About the project

In the latest land reserve in the prestigious "Dream First" neighborhood - in the heart of the quiet and desirable neighborhood characterized by low-rise buildings and detached houses, another luxury project is being built by the J. Birenbaum Company.

The project is located within easy reach of the new Azrieli Center, the "Rishonim" train station and enjoys excellent accessibility to major traffic routes such as Ayalon, Route 431 and Route 4 - along with access to educational institutions and Rishon Lezion city center.

In the five-story buildings, a wide variety of apartments to choose from: a number of models of huge 5-room apartments with spectacular balconies of over 30 meters, along with luxurious penthouses and garden apartments with huge gardens and adjoining basements - all of a high standard of construction and luxurious and rich specifications.