Japanese Real Estate Glossary
Prices, Taxes & Fees

利回り

rimawariりまわり

Yield

Rental return on price. Listings quote gross yield (表面利回り), annual rent over price, while net yield (実質利回り) subtracts taxes, management, insurance, and vacancy. Rural Japan advertises double-digit gross yields; the honest question is always what remains net, and how long the tenant pool lasts.

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