Sacrifice Sale Manila Income generating Flexi DP balance thru Pagibig 8.28y ROI

Central Manila, Manila

Map

₱ 10,000,000
1 Bedrooms
1 Baths
175 m²

Details

Bedrooms
1
Baths
1
Floor area (m²)
175
Subdivision name
Eisen Townhouse
Available from
02/06/2020

Description

Selling Price : from Php10M


8.28years ROI


Flexible terms on DOWNPAYMENT: balance terms (call/text owner for term of payment)


own an apartment building, 4 storey with roof deck, 7 studio units: Php65K - Php70K monthly rental income. Located along 1733 -C M. Nativdad st., Sta. Cruz,


Manila. walking distance to LRT Tayuman station, SM San. Lazaro, Jose Reyes hospital


Hospital, banks, markets. Several establishment is a foot steps away.


underground and elevated water tank to assure continues water supply during Maynilad water interruption.


Parking slot: 1 per apartment or equal to 7 motorcycle

Reservation: PHP100K


Apartment - 3

Lot area (sqm)   36.00

Floor area   176.00

Number of studio units             7.00

Can add 1 studio unit at roof deck for owner's residential

Rental rate: 6 months above

3GF monthly rental  10,500.00

3B                23,750.00

3C (posted in airbnb for daily rent @ Php898/day) since Jan 10, 2020:

blocked jan 20-30 for Ms. Kasmira earned Php 8,517.57 as first guest.

3D/3E                 18,750.00

3F/3A               16,750.00

conservative income      72,750.00


Selling Price           10,000,000.00

Insurance              1,600.00

OPTION 1:

Downpayment (20%)     2,000,000.00

Balance :     8,000,000.00

Monthly amortization 

 less (php65K) Monthly Income :  15 years           47,000.00

 less (php65K) Monthly Income :  10 years           65,000.00

on the 42th month, buyer should transfer loan to Pagibig so on the 83rd month; loan is fully paid.

Buyer's net income will range Php90K - Php100K per month


OPTION 2:

Downpayment (30%)     3,000,000.00

Balance :     7,000,000.00

Monthly amortization

  less (php65K) Monthly Income :  15 years           33,000.00

  less (php65K) Monthly Income :  10 years           48,000.00

on the 23th month, buyer should transfer loan to Pagibig so on the 69th month; loan is fully paid.

Buyer's net income will range Php90K - Php100K per month


OPTION 3: Downpayment (40%)     4,000,000.00

Balance (THRU PAGIBIG)     6,000,000.00

Monthly amortization  51,609.02

Rental Income of Ph65K is more than enough to pay monthly amortization to Pagibig for 15 years

After 10 years, estimated monthly income will be Php90K - Php130K

If a buyer will shell out at least Php58k per month loan will be fully paid on on the 49th month 

monthly rental income would approximately be Php80K


OPTION 4: Downpayment (10%)     1,000,000.00

Balance (15 years to pay)     9,000,000.00

In house financing: Monthly amortization         126,000.00

TOTAL Monthly amortization         126,600.00

 rental Income           68,000.00 net monthly amortization (buyer's own pocket)  P59,600.00 after 6 years (approximate balance would be P6M a buyer can transfer loan to Pagibig @ monthly amortization of 52,000.00

7% increase on monthly amortization from rental and buyers pocket

If buyer would continuously pay from his pocket after 9years; a buyer would have monthly rental income of P120k-P135K 


OPTION 5 : NO DP/BUYER should shell out Php150K per month for 5 years and on the 3rd year, buyer should loan the property to Pagibig for Php6M


OPTION 6: CASH (10% discount) ROI :               8.28



NOTE: BEST LOCATION- 80% of tenants came from JOSE REYES HOSPITAL (Doctors, nurses, staff on regular rate @ minimum of 6 months, rate escalate by 5%-7% per year or per change of tenants. Almost everyday, queries are coming in. 


COMPARISON OF RATE with same floor area:

 Pasig: php6,500 < Manila: Php11,300.00 : Law of Demand and Supply

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Amenities

Broadband internet available
Air conditioning
Wi-Fi

Location

Central Manila, Manila
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