Apartments
Area:
Building - 101 m²
Price: $490,000 ($4,851 per m² )
Rental income:
Occupancy rate - 70%
Revenue per day taking into account the occupancy of the facility - $280 ($102,200 per year)
Profit taking into account expenses and taxes per year - $71,397 (15.87%)
Payback - 7 years
Income from purchase and sale:
Purchase price:
$490,000
Sale price:
$735,000
Profit:
$245,000 (50%)
Property sale costs and taxes are calculated individually and depend on various factors.
General costs and taxes:
Notary fee 1% (shared with the buyer 50/50)
Property sale tax 11% (shared with the buyer 50/50)
Income tax for a resident of Indonesia (10%)
Income tax for a non-resident of Indonesia (20%)
Terms of payment and ownership of the property:
Completion date - January 2025
Type of land and property ownership - leasehold for 30 years