Bank pre leased property at mumbai Ground floor Shop 10Cr

Details of Bank preleased rented ground floor property sale Mumbai Thane:

Tenant:          PSU Bank
Floor:             Ground Floor+ 1st floor
Ground Carpet:         1,514 sq.ft
First Floor Carpet:    1,514 sq.ft
Area (Salable):           5,148 Sq.ft
Area (Carpet):            3,028 Sq.ft
Rent / month (Rs):   4,54,200 (Rs 100/ sq.ft/month)
Increment in Rent:   15% every 3 years
Deposit (Rs) :            27,25,200
Gross Income / month 4,54,200
Expenses
Property Tax :  0
Service Tax:               Paid by Bank
Maintainance:           27,282 (Rs 5.3/sq.ft) (Owner)
Net income / month:     4,26,918
Net income / annum:  51,23,013
Net income over agreement tenure: 70,60,152
Ask Price (Rs) 10,03,78,200

LRD (Loan Against Rental income) possible:   2,50,94,550
Balance own Investment to pay:                        7,55,99,796
Renta lincome ROI (%):                                          5.1
Capital Appreciation:                                          Avg 10% /annum
Total Returns on Investment /annum:             Avg 14-15% /annum

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.

Please feel free to contact us in case of any queries.

For pre-leased investment opportunities you can visit: www.preleasedreturns.com

We have more Bank preleased rented ground floor property sale Mumbai Thane budget 7Cr – 30Cr.

For more details you can contact our team on : +91 9769 300 230 / 86521 82515.

http://articles.economictimes.indiatimes.com/2011-11-11/news/30387259_1_commercial-properties-high-capital-appreciation-tenants