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Investment property with great returns?
R 1,425,000
Can I afford this?
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1 year ago186 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):5
Bathrooms (#):2
Size (sqm):128
Parking:None
Description
If you are looking for an investment property with great returns, then this could be it! Present rental income, after expenses, provides in excess of 13% return on the investment. The property is fully tenanted and has been converted into 6 rooms inside and one room outside, a kitchen, two bathrooms (one en-suite). There are also 2 bedsitters each with open plan kitchen, bedroom, toilet, shower and wash basin. Call me to arrange a viewing.
Property Reference #: ELO-RS00506
Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247
Property Reference #: ELO-RS00506
Agent Details:
Andre Goosen
Century21
84 Vincent Road Vincent East London 5247
Id Subtitle 1181928626
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Estimated monthly repaymentR 15,443
Total property loan amountR 1,425,000
Total interestR 2,281,279
Total repaymentR 3,706,279
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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Century21
Selling for 3+ years
Total Ads440
Active Ads440
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