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R2,600,000

Monthly Bond Repayment R28,176.38
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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10 Bedroom House - Investment Property

Two houses for the price of one. There are 2 houses, 1 consists of 7 bedrooms. Each room has its own bathroom and kitchen. The second one has 3 bedrooms with a lounge and its own bathroom.

The current owner is making R31 000 a month on rentals on house #1. There are tenants already in all the rooms
Another advantage of this property is the fact that they use borehole water which reduces your municipal bill.

It is situated in a large ERF and has the potential to build another house in the same ERF. If you are an investor, this is a good opportunity not to be missed.

Features

10
8
Pets Allowed
Yes
Interior
Bedrooms
10
Bathrooms
8
Kitchens
1
Reception Rooms
2
Sizes
Land Size
1,429m²

Cambridge, East London

Located halfway between Durban and Cape Town, and at the northern end of The Sunshine Coast, property investors will come home to a city with a seaside lifestyle. A sub-tropical climate compliments golden sun kissed shores, where waves soak the sand on pristine, uncommercialised beaches. In East London, there is a place for everyone to call home. If your budget and lifestyle is conducive to luxury living, suburbs...
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Disclaimer: While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

28,176.38

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