Hirschfeld 3 in Rishon Letsiyon

Name: 📣 300$ — discount certificate
Start: 2020-05-21T11:51:53.221470+00:00
End: 2023-12-31T23:59:59+0000
Location: Hirschfeld 3

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Construction

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Project info

Object ID: 7557

Finished at	March 2018
Price, m²	From 5500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	44
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
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

165,000$

Net profit

5,906$

Payback period

20.4 years

Avg property value increase per year

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About the project

In the heart of the Ramz neighborhood of the city there is a 4-story building that will be strengthened, upgraded and renewed as part of TAMA 38.

Also in this project, the existing apartment owners will benefit from a high technical specification, and an upgraded and spacious elevator.

In addition, each apartment was expanded by a spacious sun terrace.

The project will include 4 new apartments as well as two luxurious penthouses.

Developer

That. Gazit is a dedicated entrepreneurial company specializing in TAMA 38, reinforcement and improvement of buildings. The company's owner…
Details about Gazit