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2.5 bedroom Investment
R 649,000
Can I afford this?
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8 months ago103 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):96
Parking:Garage
Description
A Original well looked after investment property in the heartfelt of Sunnyside with option to add 2 roooms.
Market Overview tells us how the beautiful Jakaranda area offers you peace and tranquility. Are you a student looking for that harmony during your studying periods? Perhaps a new young professional who has just moved up town and is looking for an investment he could cash in 10 years' time.
The property is close to amenities, malls, shopping centers, hospitals and police stations with city transport readily available throughout the 24hours.
Investment
Current Operating Income @ R 7 000,00
Potential Operating Income @ R 10 500,00
Operating Expenses @ R 2 091,00
Desired Cap Rate @ 12.52%
Actual Cap 11,27%
Cash on Cash return =6,25%
This assumes you have made 0% deposit, 100% leverage
Property Reference #: RL1070
Agent Details:
Odirile Bogatsu
Casa Dynamica Properties (Pty) Ltd
1007 Saxby Avenue
Eldoraigne
Centurion
Market Overview tells us how the beautiful Jakaranda area offers you peace and tranquility. Are you a student looking for that harmony during your studying periods? Perhaps a new young professional who has just moved up town and is looking for an investment he could cash in 10 years' time.
The property is close to amenities, malls, shopping centers, hospitals and police stations with city transport readily available throughout the 24hours.
Investment
Current Operating Income @ R 7 000,00
Potential Operating Income @ R 10 500,00
Operating Expenses @ R 2 091,00
Desired Cap Rate @ 12.52%
Actual Cap 11,27%
Cash on Cash return =6,25%
This assumes you have made 0% deposit, 100% leverage
Property Reference #: RL1070
Agent Details:
Odirile Bogatsu
Casa Dynamica Properties (Pty) Ltd
1007 Saxby Avenue
Eldoraigne
Centurion
Id Subtitle 1232726597
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No. of years
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RECALCULATE
Estimated monthly repaymentR 7,034
Total property loan amountR 649,000
Total interestR 1,038,983
Total repaymentR 1,687,983
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.
RECALCULATE
Casa Dynamica Properties (Pty) Ltd
Selling for 3+ years
Total Ads148
Active Ads148
Professional Seller
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80.66KTotal Views
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