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R7,000,000

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8 apartment cash-cow investment

This well located property consists of 8 tenanted apartments generating R 60 000 per month income. At asking price of R 7 mil that is a 10% yield.

This kind of accommodation in the Old East of Pretoria is extremely difficult to find, which is the reason most of the tenants are staying 5 + years.

Features

0
0
Zoning:
Mixed Use
Exterior
Security
No
Sizes
Floor Size
750m²

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Market value

R7,000,000

Offers from

R5,200,000

Offers for this listing must be made in R50,000 increments. More Info

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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

R 

98,416.81

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