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R1,950,000

Monthly Bond Repayment R21,132.29
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R795

3 Bedroom house with 6 Flatlets

Prime Investment Opportunity - Let Your Rental Income Work for You!

Welcome to this lucrative income-generating property offering six fully equipped flats, each featuring a kitchenette, bathroom, and bedroom, collectively generating an impressive monthly rental income of R30,000.

In addition to the flats, this property boasts a spacious three-bedroom home complete with a comfortable lounge and well-appointed kitchen, providing additional potential for rental income.

With the ability to pay off your bond using the substantial rental income generated by the six flats, this property presents an ideal opportunity for investors seeking a profitable venture in the real estate market. Don't miss out on the chance to maximize your returns with this exceptional investment property.

Features

9
7
Pets Allowed
Yes
Interior
Bedrooms
9
Bathrooms
7
Kitchens
7
Reception Rooms
1
Exterior
Carports / Parkings
4
Security
No
Flatlet
6
Sizes
Land Size
247m²
 
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R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

21,132.29

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