-
Overview
- Type of Property: Commercial Office
- City: Mumbai
- Rental Returns: 6% - 8%, 8% +
- Budget (ticket value): 1 Cr - 5 Cr, 5 Cr - 10 Cr, 10 Cr - 25 Cr
- Contact Us regarding this listing
Preleased Property for sale in mumbai:
Details:
Location: Andheri West, Mumbai. Floor: Middle Floor
Tenant: NYSE listed Company (Revenue of more than $300 mn)
Area (Built up) 4,200
Area (Carpet) 2,600
Rent 5,25,000
Deposit 31,50,000
Escalation 5% after 3 years
Total income / month 5,25,000
Agreement 5+5 yrs
Lock in 3 yrs
Agreement start date 01-Nov-15
Expenses :
Property Tax 26,000 Paid by Owner
Service Tax 0 Paid by Tenant
Maintainance 9,000 Paid by Owner
Net income /month 4,90,000
Net income /annum 58,80,000
Net Average Income over agreement tenure 67,90,876
Ask Price 7,98,00,000LRD Loan (Loan against rent) possible 4,38,90,000
Own investment 3,75,78,000
ROI 8.34 %
Capital Appreciation Avg 7% /annum
Total Returns on Investment Avg 15-16% /annumNet income Schedule
Tenure Net income / annum ROI (%)
2015-2016 58,80,000 7.4
2016-2017 58,80,000 7.4
2017-2018 58,80,000 7.4
2018-2019 61,74,000 7.7
2019-2020 64,82,700 8.1
2020-2021 68,06,835 8.5
2021-2022 71,47,177 9.0
2022-2023 75,04,536 9.4
2023-2024 78,79,762 9.9
2024-2025 82,73,750 10.4
Total Income 6,79,08,760 10.1 %Leverage:
You can raise around 50% Loan against rental income wherein rental income serves as EMI, good opportunity to leverage on rental income.
Around 50% Own Investment.
Bank Loan amount gets fully repaid in 10 yrs, value of property after 10 yrs is wealth creation (Around 4 times Own investment).
Rental income after 10 years will be incremental fixed monthly income, you can further leverage this rental income to buy new assets or just retain the income for personal disposal.
Pre-leased property is Safest Real Estate Investment as the property is already ready with necessary permissions.
Tenant do strong due diligence of the property which give you double surety of your investment.
Please feel free to contact us in case of any queries.
For pre-leased investment opportunities you can visit: www.preleasedreturns.com
To find Preleased Property for sale in mumbai you ca nvisit our website or call at below cordinates:
Contact:
Preleased Returns Team
+91 9769 300 230 / +91 86521 82515.