Brandeis 6 in Tel Aviv-Yafo

Name: Brandeis 6
Brand: Dare Construction
SKU: 7482
Availability: InStock

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Project info

Object ID: 7482

Finished at	March 2021
Price, m²	From 4160$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	19
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

124,800$

Net profit

5,906$

Payback period

15.4 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 8 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 period of construction. Sustainability will be expanded, each apartment will receive a sun terrace, detailing a rich and innovative premium apartment parking in an underground car park and warehouse, 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