Here is a great opportunity to enter the blooming holiday rental market in Furano, Hokkaido.
This property has a ready-to-go refurb plan along with a management company in place. Total investment, including all licenses required for rental, should be no more than 15m JPY (including the house purchase and all FFE).
The management company is currently operating a similar property nearby that generates annual rental revenue of 5.5-6.0m JPY. With about 50% of that revenue returning to the owner as profit-before-tax, this would represent return on investment of about 17-20%!