Cache 10 in Tel Aviv-Yafo

Name: Cache 10
Brand: Dare Construction
SKU: 7478
Availability: InStock

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Project info

Object ID: 7478

Finished at	August 2020
Price, m²	From 5760$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	22
Condition	Turnkey
Construction type	Monolyth
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

172,800$

Net profit

5,906$

Payback period

21.3 years

Avg property value increase per year

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About the project

The project is located in borough 4 according to the borough plan. The original building stood on 4 floors and 11 existing housing units. As part of the TAMA 38/2 demolition and construction process, the existing building will be demolished, and tenants will be evacuated to a replacement housing solution at the expense of the company for the duration of the construction. The apartment will receive rich and innovative premium specs, space, sun terrace, underground parking and storage, along with the development of the building environment for the benefit of the residents.

Developer

Dare Construction Established in 1971 as a construction and development company, specializing in residential construction and implementing p…
Details about Dare Construction