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Question title: Condominiums for investment

Concerning investment condominiums, while I am willing to buy them, I am not sure if they will work.
The location is about XNUMX minutes on foot to the Mita line, station, XNUMX minutes to Ikebukuro and Ueno.
The new construction is XNUMX million yen, the loan is XNUMX, the interest rate is XNUMX%, and the payment is XNUMX years. The set rent is XNUMX yen, which means that there is rent security.
I think my annual income is about XNUMX million yen, single and my initial investment is about XNUMX million yen.
What I'm worried about is that it's a new construction, so the initial cost is high, the final estimate is about XNUMX million deficits, and whether the rent guarantee lasts until it is paid.
Of course, it is important to be a reliable management company, but I do not know how to determine it.
I can't deny the lack of study, but I would like to invest in future pensions etc. instead of speculation.
I think it's best not to buy it while you are anxious. I would like some advice on how to study.


Keep in mind the exit strategy ...

To TAISHO

Nice to meet you. My name is Tokuda of Rich Road.

Listening to TAISHO's story,
1.TAISHO is only 35 years old
2. You think that rent income is a supplement to future pensions

From these two points, I think that it is not wrong to buy a new apartment with a loan for a long term of 2 years, which will earn rent properly in the future 20 to 30 years later.

However, I would like you to understand that the major risk when purchasing a new condominium is that the sale before the loan is paid off is quite difficult.

Obviously, the price of a newly built condominium bears the profit of the developer. And, for 5 to 10 years after the purchase, the apartment price drops sharply, so the current situation is that the remaining debt of the loan cannot keep up.

So if for some reason you had to sell your condominium while you were repaying the loan, you could end up adding a lot of cash to your mortgage.

Exit strategy is also important for investment. If you are confident that you will have it for a long time, I think that new construction is good, but if you may sell it on the way, you may consider a second-hand condominium.

First of all, why not rebuild your life plan?

If you have any questions, please feel free to contact us. Then ...

Answer staff: Rie Tokuda