Rates R 700
6 units and a house
This property is the prefect ideal for investment.
INCOME
PROPERTY
PRICE PER UNIT
6 x Units
R6000.00
1 x Flatlet
R5000.00
Main House
R12 000
Total Income
R53000.00
Deductions
Garden Service
R4200.00
Rates
R700.00
Building insurance
R800.00
Total
R5700. 00
NOTE: The Sewer/Refuse andamp Water and Electricity is paid by the tenants Individual.
RETURN ON INVESTMENT
R5300.00 - R5700 = R 47300.00
R47300 X 12 = R55 7600.00 Divided by selling price R5 400 000.00
= 0.105 x 100%
= 10.5 % Return on investment
Key Property Features
14
Bedrooms
8
Bathrooms
8
Garages
8
Lounges
✔
Family Tv Room
✔
Garden
✔
Kitchen
✔
Paving
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