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Investment Property in Effingham
R 1,950,000
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12 days ago36 views
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General Details
Location:
For Sale By:Owner
Available From:08/05/2024
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):3
Parking:Garage
Description
Three units in Jain Road Effingham. Each unit totally renovated with new kitchens, BICs, stoves, geysers, prepaid electricity and water meters. Fully secure with automated gate and fully fenced. Close to the Nandi River Horse Valley. Currently has a tenant in 1 unit, other 2 units are currently empty due to the sale of the property. Average rental income R20 000 per month. 072 264 6660
Id Subtitle 1277375766
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Estimated monthly repaymentR 21,133
Total property loan amountR 1,950,000
Total interestR 3,121,750
Total repaymentR 5,071,750
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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