Strategic Location Boarding House at Balai Pustaka Rawamangun, East Jakarta

Specification

Description

**Fully Furnished Boarding House for Immediate Sale, Best Price and Negotiable, Strategic Location in Balai Pustaka, Rawamangun, East Jakarta.** Total of 33 boarding rooms Private bathroom in each room 1 shared bathroom AC in every room Fully furnished Electricity token per room @900 watts Land area: 626 sqm Building area: 322 sqm Price: IDR 21 million/sq meter (negotiable) - **Estimated Annual Income: IDR 780 million for 33 rooms** - **Operating Expenses:** - Public area electricity: IDR 36 million/year - Soap, drinking water, AC maintenance, neighborhood fees, waste: IDR 30 million/year - WiFi: IDR 9.6 million/year - 3 staff members: IDR 231,000,000/year (including meals) - Property tax (PBB): IDR 18.4 million/year **Total Operating Expenses:** IDR 315,400,000/year **Net Profit Margin:** IDR 464,600,000/year = 59.56%