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Sta. Cruz Manila Apartment#3 with Php63K monthly INCOME.

Metro Manila, Manila, Santa Cruz North
Sale: ₱ 10,000,000
Full description

Listing ID: 1829169

7 Bedroom House for sale in Santa Cruz North, Metro Manila near LRT-1 Tayuman

visit www.eisenbuilders.com

APARTMENT #3 SELLING PRICE PHP9.5M with php68.5K monthly rental INCOME Location : Sta. Cruz, Manila (walking distance to LRT Tayuman station, SM San Lazaro, church, market, Jose Reyes Hospital, banks, commercial establishment) one ride to schools/universities, work place:

4 storey with ROOF deck, car garage, Apartment with 7 studio units (each unit complete with t&b, kitchen, 1 car park or 7 motor park though not yet completed but 3 units were tenanted at Php10,000.00 and php9,000.00 per unit

Apartment - 3

Lot area (sqm) 36.00

Floor area 176.00

Number of studio units 7.00

Can add 1 unit at roof deck

  for owner's residential

rate: 6 months above

3GF monthly rental 10,500.00

3B/3C 23,750.00

3D/3E 18,750.00

3F/3A 16,750.00

conservative income 69,750.00

Selling Price 10,000,000.00


Downpayment (20%) 2,000,000.00

Balance : 8,000,000.00

Monthly amortization

   less (php65K) Monthly Income : 15 years 42,000.00

   less (php65K) Monthly Income : 10 years 58,000.00


Downpayment (30%) 3,000,000.00

Balance : 7,000,000.00

Monthly amortization

   less (php65K) Monthly Income : 15 years 29,000.00

   less (php65K) Monthly Income : 10 years 43,000.00


Downpayment (40%) 4,000,000.00

Balance (THRU PAGIBIG) 6,000,000.00

Monthly amortization

  (php65K) Monthly Income : 10 years , rental income is enough to pay Pagibig monthly amortization.  5-8% escalation per year. After 10 years, monthly income would rage Php90K - Php130K

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7 Bedroom House for sale in Santa Cruz North, Metro Manila near LRT-1 Tayuman location map
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