Estimate of costs - example
The rental of a property gives rise to various costs in addition to the rent. To make it easier to plan your move, it is helpful to have a quote from the start that tells you how much it will cost to install in your new place of residence. Some specific fees in Japan may sometimes be necessary.
We invite you to consult the calculation estimate provided below as an example.
Initial fees
The initial fees are the fees paid to the real estate agency and the managing company at the signing of the contract.
These initial fees due in most cases are listed here.
The title of each expense and the final recipient of its payment are detailed.
| Expense | Approximate amount | Recipient |
| Deposit (security deposit) | 1 to 2 months rent | Deposited at the lessor |
| Lump sum payment to the lessor (reikin) | 1 month rent | Paid to the lessor |
| Rent in advance (including common charges) | Prorated on the actual number of days of occupancy | Paid to the lessor |
| Guarantee premium for unpaid rent | 20% to 100% of rent | Paid to the guarantee company |
| Agency fees | 1 month rent + consumption tax | Paid to the real estate agency |
| Insurance premium | Renewable every year or every 2 years | Paid to the insurance company |
Example of an estimate of the initial costs for a 100,000 yen rental property (including common expenses), with entry on 16 April
| Deposit (security deposit) | ¥ 100,000 (in the case of a deposit of one month) |
| Lump sum payment to the lessor (reikin) | ¥ 100,000 (where the amount is fixed at one month's rent) |
| Rent in advance (common charges included) | ¥ 50,000 (for 15 days from April 16th to 30th) |
| Guarantee Corporation | ¥ 50,000 (in the case of a 50% premium) |
| Agency fees | ¥ 100,000 + ¥ 8,000 (calculation with consumption tax of 8%) |
| Claim insurance premium | ¥ 10,000 (in the case of renewal every year) |
| Total | ¥ 418 000 |
Other costs may be necessary
Other fees may be required for the release of the premises or each month.
- Initial refurbishment fee
- Cleaning fee
- 24 hour monitoring fee
- Membership fees to the neighborhood association
- Renewal fees, etc.
This presentation indicates the costs generally required. Depending on the rented property, other costs may be due. It is therefore important to check without fail before signing the contract.