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Cheapest 2-bed at Ideo Verve Sukhumvit฿600K below next cheapest unit5.1% rental yield

45.63 sqm

2 beds

1 bath

Floor 10

Acquire this unit

฿5,900,000

฿129,301/sqm

Rental yield

5.1%

Expected rent

฿25,000/mo

Next cheapest

฿6.50M

Investment Highlights

Lowest-priced 2-bed in the building

฿600K below next cheapest unit

Direct access to BTS On Nut

Why This Is a Strong Entry Price

At ฿5.90M, this is currently the lowest-priced 2-bedroom unit in the building.

NEXT CHEAPEST UNIT

฿6.50M

฿600K above this unit

MEDIAN ASKING PRICE

฿6.50M

฿600K above this unit

Current asking prices for comparable units

Each bar on this chart represents one active comparable 2-bedroom listing in Ideo Verve Sukhumvit (~46 sq.m.), ordered from lowest to highest asking price. The green bar is this unit. Based on listings across major property websites excluding duplicates.

Cheapest5 listingsMost expensive

What Return This Unit Can Generate

At the median rent of ฿25,000/month, this unit is expected to generate 5.0% rental yield and 4.1% net yield after costs.

The expected rent is based on current comparable 2-bed rental listings in the building, not a top-of-market assumption.

EXPECTED RENT

฿25,000/mo

Expected rent

NET INCOME

฿242,000/yr

After vacancy & costs

NET YIELD

4.1%

Net of all costs

How this return is calculated

Acquisition basis

฿5,900,000 + ฿44,489 buyer transfer fee

฿5,944,489

RENTAL INCOME

Annualized

Gross Rental Income (฿25,000 x 12)

฿300,000

Adjusted Occupancy (95%)

-฿15,000

Effective annual rent

฿285,000

Annual operating expenses

Annual run-rate

Common Fee (฿2,053/month x 12)

-฿24,640

Agent Commission (1mo rent, 2yr turnover)

-฿12,500

Maintenance, Tax & Miscellaneous

-฿5,900

Total annual costs

฿43,040

Net operating income

฿241,960

Net yield

4.1%

Comparable rental listings behind the expected rent

These are recent comparable 2-bed rental listings in Ideo Verve Sukhumvit (~46 sq.m.), ranked from lowest to highest asking rent. The expected rent used for this deal is ฿25,000/month.

midpoint

Buying with a Mortgage?

This shows your net return after all expenses. It starts with the net rental income above, then subtracts mortgage payments to show what you keep after financing.

Loan Terms

80%
3%

Cash Needed & Payments

Cash Needed

฿1,224,489

Monthly Payment

฿19,900

Your Return

Annual Cash Flow

฿3,163

Cash-on-Cash Yield

0.26%

Location and Tenant Demand Drivers

Ideo Verve Sukhumvit

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Project Facts

Year built
2011
Units
490
Floors
30 floors
Land area
3-1-32 Rai
1 / 7

Building Amenities

  • Direct BTS On Nut access
  • Heat-reducing glass facade
  • Swimming pool
  • Spa pool / Jacuzzi
  • Fitness center
  • Library
  • Landscaped garden
  • Kids playground
  • Sports court
  • Ground-floor retail shops
  • Covered car parking
  • Key card access
  • 24-hour security
  • CCTV surveillance
  • Backup generators

Acquire This Unit

Size
45.63 sqm
Bedrooms
2 beds
Bathrooms
1 bath
Floor
10
Renovated unit
Foreign quota available
Vacant and ready for transfer
Total price
฿5,900,000
Price / sqm
฿129,301/sqm
Rental yield
5.1%
Expected rent
฿25,000/mo
Next cheapest
฿6.50M

Still evaluating this deal?

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