JLL - The Parkhouse Nishi-Shinjuku Tower 60 Cashflow
6
Yen SG$ SG$1=JPY88.00 Purchase Price of 1 Bedroom 60,980,000 692,955 70% Financing 42,686,000 485,068 30% Cash 18,294,000 207,886 70% Financing (subject to approval by bank) Monthly Pricipal + Interest Repayment @3.62% in JPY or 3.14% in S$ over 30 years 194,550 per month 2,082 per month Interest Portion to Offset Nett Rental Income 128,769 per month 1,269 per month Estimated Gross Monthly Rental Income 280,000 per month 3,182 per month less Letting and Management Fee 15,120 per month 172 per month less Maintenance Service Charge 25,797 per month 293 per month less Property (Fixed Asset & City Planning) Tax* 40,000 per month 455 per month Estimated Nett Monthly Rental Income 199,083 per month 2,262 per month less Interest Portion 128,769 per month 1,269 per month less Building Depreciation 66,634 per month 757 per month Nett Rental Income Subject to Japan Income Tax 3,680 per month 236 per month Estimated Current Gross Rental Yield 5.5% 5.5% Estimated Current Nett Rental Yield 3.9% 3.9% Estimated Acquisition Cost (One-Time) Real Estate Acquisition tax** 460,000 5,227 Registration and License tax** 509,800 5,793 Document Stamp Tax 15,000 170 Initial Repair Reserve Fund 593,910 6,749 Service Charge Reserve 18,790 214 Legal Fee 132,000 1,500 Fire Insurance (10 years) TBD TBD Air Cons and installment TBD TBD 1,729,500 19,653 NB: The above is an example and to be used for indicative purposes only. *Calculated based on the current reduced tax rate for the first 5 years, and the tax rate may change in a future. **Please consult your own accountant regarding Japan tax. The Parkhouse Nishi-Shinjuku Tower 60 CASHFLOW ANALYSIS - Pass Through Page 1 of 6
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Transcript of JLL - The Parkhouse Nishi-Shinjuku Tower 60 Cashflow
Yen SG$ SG$1=JPY88.00
Purchase Price of 1 Bedroom 60,980,000 692,955
70% Financing 42,686,000 485,068
30% Cash 18,294,000 207,886
70% Financing (subject to approval by bank)
Monthly Pricipal + Interest Repayment
@3.62% in JPY or 3.14% in S$ over 30 years194,550 per month 2,082 per month
Interest Portion to Offset Nett Rental Income 128,769 per month 1,269 per month
Estimated Gross Monthly Rental Income 280,000 per month 3,182 per month
less Letting and Management Fee 15,120 per month 172 per month
less Maintenance Service Charge 25,797 per month 293 per month
less Property (Fixed Asset & City Planning) Tax* 40,000 per month 455 per month
Estimated Nett Monthly Rental Income 199,083 per month 2,262 per month
less Interest Portion 128,769 per month 1,269 per month
less Building Depreciation 66,634 per month 757 per month
Nett Rental Income Subject to Japan Income Tax 3,680 per month 236 per month
Estimated Current Gross Rental Yield 5.5% 5.5%
Estimated Current Nett Rental Yield 3.9% 3.9%
Estimated Acquisition Cost (One-Time)
Real Estate Acquisition tax** 460,000 5,227
Registration and License tax** 509,800 5,793
Document Stamp Tax 15,000 170
Initial Repair Reserve Fund 593,910 6,749
Service Charge Reserve 18,790 214
Legal Fee 132,000 1,500
Fire Insurance (10 years) TBD TBD
Air Cons and installment TBD TBD
1,729,500 19,653
NB: The above is an example and to be used for indicative purposes only.
*Calculated based on the current reduced tax rate for the first 5 years, and the tax rate may change in a future.
**Please consult your own accountant regarding Japan tax.
The Parkhouse Nishi-Shinjuku Tower 60CASHFLOW ANALYSIS - Pass Through
Page 1 of 6
Yen SG$ SG$1=JPY88.00
Purchase Price of 1 Bedroom 60,980,000 692,955
70% Financing 42,686,000 485,068
30% Cash 18,294,000 207,886
70% Financing (subject to approval by bank)
Monthly Pricipal + Interest Repayment
@3.62% in JPY or 3.14% in S$ over 30 years194,550 per month 2,082 per month
Interest Portion to Offset Nett Rental Income 128,769 per month 1,269 per month
Estimated Gross Monthly Rental Income 212,000 per month 2,409 per month
less Letting and Management Fee - per month - per month
less Maintenance Service Charge 25,797 per month 293 per month
less Property (Fixed Asset & City Planning) Tax* 40,000 per month 455 per month
Estimated Nett Monthly Rental Income 146,203 per month 1,661 per month
less Interest Portion 128,769 per month 1,269 per month
less Building Depreciation 66,634 per month 757 per month
Nett Rental Income Subject to Japan Income Tax (49,200) per month (365) per month
Estimated Current Gross Rental Yield 4.2% 4.2%
Estimated Current Nett Rental Yield 2.9% 2.9%
Estimated Acquisition Cost (One-Time)
Real Estate Acquisition tax** 460,000 5,227
Registration and License tax** 509,800 5,793
Document Stamp Tax 15,000 170
Initial Repair Reserve Fund 593,910 6,749
Service Charge Reserve 18,790 214
Legal Fee 132,000 1,500
Fire Insurance (10 years) TBD TBD
Air Cons and installment TBD TBD
1,729,500 19,653
NB: The above is an example and to be used for indicative purposes only.
*Calculated based on the current reduced tax rate for the first 5 years, and the tax rate may change in a future.
**Please consult your own accountant regarding Japan tax.
The Parkhouse Nishi-Shinjuku Tower 60CASHFLOW ANALYSIS - Guarantee
Page 2 of 6
Yen SG$ SG$1=JPY88.00
Purchase Price of 2 Bedroom 71,280,000 810,000
70% Financing 49,896,000 567,000
30% Cash 21,384,000 243,000
70% Financing (subject to approval by bank)
Monthly Pricipal + Interest Repayment
@3.62% in JPY or 3.14% in S$ over 30 years227,411 per month 2,434 per month
Interest Portion to Offset Nett Rental Income 150,520 per month 1,484 per month
Estimated Gross Monthly Rental Income 310,000 per month 3,523 per month
less Letting and Management Fee 16,740 per month 190 per month
less Maintenance Service Charge 24,847 per month 282 per month
less Property (Fixed Asset & City Planning) Tax* 38,333 per month 436 per month
Estimated Nett Monthly Rental Income 230,080 per month 2,615 per month
less Interest Portion 150,520 per month 1,484 per month
less Building Depreciation 82,348 per month 936 per month
Nett Rental Income Subject to Japan Income Tax (2,788) per month 195 per month
Estimated Current Gross Rental Yield 5.2% 5.2%
Estimated Current Nett Rental Yield 3.9% 3.9%
Estimated Acquisition Cost (One-Time)
Real Estate Acquisition tax** 420,000 4,773
Registration and License tax** 502,500 5,710
Document Stamp Tax 15,000 170
Initial Repair Reserve Fund 570,590 6,484
Service Charge Reserve 18,060 205
Legal Fee 132,000 1,500
Fire Insurance (10 years) TBD TBD
Air Cons and installment TBD TBD
1,658,150 18,843
NB: The above is an example and to be used for indicative purposes only.
*Calculated based on the current reduced tax rate for the first 5 years, and the tax rate may change in a future.
**Please consult your own accountant regarding Japan tax.
The Parkhouse Nishi-Shinjuku Tower 60CASHFLOW ANALYSIS - Pass Through
Page 3 of 6
Yen SG$ SG$1=JPY88.00
Purchase Price of 2 Bedroom 71,280,000 810,000
70% Financing 49,896,000 567,000
30% Cash 21,384,000 243,000
70% Financing (subject to approval by bank)
Monthly Pricipal + Interest Repayment
@3.62% in JPY or 3.14% in S$ over 30 years227,411 per month 2,434 per month
Interest Portion to Offset Nett Rental Income 150,520 per month 1,484 per month
Estimated Gross Monthly Rental Income 240,000 per month 2,727 per month
less Letting and Management Fee - per month - per month
less Maintenance Service Charge 24,847 per month 282 per month
less Property (Fixed Asset & City Planning) Tax* 38,333 per month 436 per month
Estimated Nett Monthly Rental Income 176,820 per month 2,009 per month
less Interest Portion 150,520 per month 1,484 per month
less Building Depreciation 82,348 per month 936 per month
Nett Rental Income Subject to Japan Income Tax (56,048) per month (410) per month
Estimated Current Gross Rental Yield 4.0% 4.0%
Estimated Current Nett Rental Yield 3.0% 3.0%
Estimated Acquisition Cost (One-Time)
Real Estate Acquisition tax** 420,000 4,773
Registration and License tax** 502,500 5,710
Document Stamp Tax 15,000 170
Initial Repair Reserve Fund 570,590 6,484
Service Charge Reserve 18,060 205
Legal Fee 132,000 1,500
Fire Insurance (10 years) TBD TBD
Air Cons and installment TBD TBD
1,658,150 18,843
NB: The above is an example and to be used for indicative purposes only.
*Calculated based on the current reduced tax rate for the first 5 years, and the tax rate may change in a future.
**Please consult your own accountant regarding Japan tax.
The Parkhouse Nishi-Shinjuku Tower 60CASHFLOW ANALYSIS - Guarantee
Page 4 of 6
Yen SG$ SG$1=JPY88.00
Purchase Price of 3 Bedroom 78,180,000 888,409
70% Financing 54,726,000 621,886
30% Cash 23,454,000 266,523
70% Financing (subject to approval by bank)
Monthly Pricipal + Interest Repayment
@3.62% in JPY or 3.14% in S$ over 30 years249,425 per month 2,669 per month
Interest Portion to Offset Nett Rental Income 165,090 per month 1,627 per month
Estimated Gross Monthly Rental Income 350,000 per month 3,977 per month
less Letting and Management Fee 18,900 per month 215 per month
less Maintenance Service Charge 31,307 per month 356 per month
less Property (Fixed Asset & City Planning) Tax* 49,167 per month 559 per month
Estimated Nett Monthly Rental Income 250,626 per month 2,848 per month
less Interest Portion 165,090 per month 1,627 per month
less Building Depreciation 81,176 per month 922 per month
Nett Rental Income Subject to Japan Income Tax 4,361 per month 298 per month
Estimated Current Gross Rental Yield 5.4% 5.4%
Estimated Current Nett Rental Yield 3.8% 3.8%
Estimated Acquisition Cost (One-Time)
Real Estate Acquisition tax** 670,000 7,614
Registration and License tax** 654,900 7,442
Document Stamp Tax 15,000 170
Initial Repair Reserve Fund 726,130 8,251
Service Charge Reserve 22,970 261
Legal Fee 132,000 1,500
Fire Insurance (10 years) TBD TBD
Air Cons and installment TBD TBD
2,221,000 25,239
NB: The above is an example and to be used for indicative purposes only.
*Calculated based on the current reduced tax rate for the first 5 years, and the tax rate may change in a future.
**Please consult your own accountant regarding Japan tax.
The Parkhouse Nishi-Shinjuku Tower 60CASHFLOW ANALYSIS - Pass Through
Page 5 of 6
Yen SG$ SG$1=JPY88.00
Purchase Price of 3 Bedroom 78,180,000 888,409
70% Financing 54,726,000 621,886
30% Cash 23,454,000 266,523
70% Financing (subject to approval by bank)
Monthly Pricipal + Interest Repayment
@3.62% in JPY or 3.14% in S$ over 30 years249,425 per month 2,669 per month
Interest Portion to Offset Nett Rental Income 165,090 per month 1,627 per month
Estimated Gross Monthly Rental Income 266,400 per month 3,027 per month
less Letting and Management Fee - per month - per month
less Maintenance Service Charge 31,307 per month 356 per month
less Property (Fixed Asset & City Planning) Tax* 49,167 per month 559 per month
Estimated Nett Monthly Rental Income 185,926 per month 2,113 per month
less Interest Portion 165,090 per month 1,627 per month
less Building Depreciation 81,176 per month 922 per month
Nett Rental Income Subject to Japan Income Tax (60,339) per month (437) per month
Estimated Current Gross Rental Yield 4.1% 4.1%
Estimated Current Nett Rental Yield 2.9% 2.9%
Estimated Acquisition Cost (One-Time)
Real Estate Acquisition tax** 670,000 7,614
Registration and License tax** 654,900 7,442
Document Stamp Tax 15,000 170
Initial Repair Reserve Fund 726,130 8,251
Service Charge Reserve 22,970 261
Legal Fee 132,000 1,500
Fire Insurance (10 years) TBD TBD
Air Cons and installment TBD TBD
2,221,000 25,239
NB: The above is an example and to be used for indicative purposes only.
*Calculated based on the current reduced tax rate for the first 5 years, and the tax rate may change in a future.
**Please consult your own accountant regarding Japan tax.
The Parkhouse Nishi-Shinjuku Tower 60CASHFLOW ANALYSIS - Guarantee
Page 6 of 6
