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Vacant house investment is attractive to obtain cheap property.
On the other hand, it is also an investment that is easy to deflate if the repair cost, tenant demand, tax and maintenance cost are incorrect.
Especially for beginners, it is often judged only by "the cheapness of the property price". In this article, we will explain the mechanism of vacant house investment, benefits andメリットs, and important judgment points in practice.
What is free house investment?
Vacant house investment is an investment that is monetized by buying, renting, private stay, and reフォームment of used houses.
In Japan, the number of vacant houses is increasing due to population decline and aging.
In the 2023 survey of housing and land statistics by the Ministry of Internal Affairs and Communications, the number of vacant houses in Japan is 9.92 million units. 8%
Therefore, vacant houses are attracting attention as "real estate that can be bought cheaply".
However, it is another problem that the number of vacant houses and making money as an investment.
If you are looking for an investment target, you need to check whether you have a borrower or a buyer after the purchase, or if you can use it for repair.
Why is it popular?
The biggest reason is the low initial cost.
There are cases where you can get cheaper than general real estate investment.
| Investment | Price image |
|---|---|
| Urban Apartment | 10 million yen |
| Home | millions to millions |
We are attracting attention as a sub-business investment because it is easy to start from a small amount.
You can also use the following:
- DIY
- Home
- Rental for local migration
- Overnight Stay
- Renovation
If you can play well, you may be able to target high yield for the acquisition price.
But not "cheap = get"
The most dangerous thing in vacant house investment is to see and judge the purchase price only.
In a vacant house, the cost of purchase is more important than the property price.
| Common failures | 内容 |
|---|---|
| High repair cost | Deterioration of water, roof, evaporation andが |
| Cannot find a tenant | Demand for rent in population decline |
| Heavy dismantling costs | It is not reusable due to aging, and disposal costs are required |
In particular, there is a case where repair of a few million yen after purchase is required.
Even if you buy it for 1 million yen, it will be 3 million yen for repair and if the vacancy lasts for 1 year, the premise as investment will change greatly.
H d to see only yield
In vacant house investment, the surface yield is high and easy to see.
The surface yield formula is as follows:
Surface yield = Annual rent income ÷ Purchase price × 100
For example, consider the following cases:
- Property price: 1 million yen
- Annual rent: ¥24 million
In this case, the surface yield is 24%.
¥24,000,000 ÷ ¥100 = 24%
Looks quite high yield at first g.
However, it is necessary to deduct the following costs:
Repair fee
- Fixed asset tax
- Fire Insurance
- Management fee
- Room Availability
- Advertising
- Dismantling and disposal costs
The most important thing is real yield instead of surface yield.
Real yield = (annual rent income - annual expenses) ÷ Total investment amount × 100
The total investment amount must be considered not only the purchase price, but also the repair cost, various expenses, and the vacancy period.
Three perspectives of vacant house investment
1. Location
Real estate is an investment that has a high impact on location.
It is difficult to monetize if there is no demand even if it is cheap.
The points you want to check are as follows:
- Population trend
- Peri al Rent
- Distance to station and bus stop
- Super, Hospital, School
- Parking
- Rent Price
In local properties, it is also important whether a car society is. There are areas where parking is more important than station distance.
2. Repair history
This is a repair history that is easy for beginners to see.
Because the vacant house is not used for a long time, it may be deteriorated more than the appearance.
The points you want to check before purchasing are as follows:
- Rain
- シ
- 配管
- Electric equipment
- Water
- Shockproof
- Boundary and Gateway
In particular, rain leakage, siloary and配管 troubles are items that are easy to cost.
It is important to take a quote to a不動産itect, a work shop, and a real estate company if necessary, without judgement alone.
3. Exit Strategy
In vacant house investment, you need to think before you buy "What to do at the end".
Properties that do not have exit strategies may not be dis of when revenue increases.
| Exit | Features |
|---|---|
| Rent | Aim for rent income |
| Sold | Aim for resale after playback |
| Self-use | Use for second house and migration |
| Dismantling sale | Use as a land |
It is a vacant house with poor control.
The Ministry of Land, Infrastructure, Transport and Tourism has established a system to provide guidance and recommendations for vacant houses and specific vacant houses managed under the vacant law. If you receive a recommendation, you may not be eligible for a fixed asset tax housing special case.
In other words, vacant houses that can not be managed can not be burdened rather than profitable properties.
For those who are not suitable
向いている人
- Like DIY and Reform
- Search local markets
- Long-term perspective
- Acceptance of repair and management measures
- Reverse from exit strategy
Not suitable
- I want to leave completely
- Aim only short-term profit
- Avoid repair risks
- I want to buy without local confirmation
- I want to judge only with yield display
Vacant house investment is a small real estate business rather than financial products.
The operation power after the purchase greatly affects the result.
Vacant house investments can be easy to start with a small amount and can be aimed at high yields.
However, it is not the cheapness of the purchase price.
Is it possible to rent, sell or keep managing after repair?
There are three points to press.
- Find Local Demand
- Estimate repair costs
- Determine by real yield and exit strategy
The vacant house will be an asset if you can play well. However, there is a risk that only maintenance costs will be "negative production" if the demand and repair are incorrect.
It is important for beginners to determine whether to continue to be used instead of cheapness.
■ Concept
Instantly tells you that even a cheap vacant house is dangerous
■ Text
- Main: Is it dangerous to invest in vacant houses?
- Sub: "High yield pitfall"
■ Color scheme
- Black × Yellow × Red
- Highlight alerts
■ Configuration
- Left: old house illustration
- Central: Warning mark
- Right: Yield graph