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2.5 bedroom Style Investment
R 490,000
Can I afford this?
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1 year ago74 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):70
Parking:Covered
Description
The property is close to amenities, malls, shopping centers, hospitals and police stations with city transport readily available throughout the 24hours.
Investment
Operating Income @ R7500
Operating Expenses @ R2900
Cap Rate @ 12.52%
Cash on Cash return =46.28%
This assumes you have made 0% deposit, 100% leverage
Property Reference #: RL786
Agent Details:
Odirile Bogatsu
Casa Dynamica Properties (Pty) Ltd
1007 Saxby Avenue
Eldoraigne
Centurion
Investment
Operating Income @ R7500
Operating Expenses @ R2900
Cap Rate @ 12.52%
Cash on Cash return =46.28%
This assumes you have made 0% deposit, 100% leverage
Property Reference #: RL786
Agent Details:
Odirile Bogatsu
Casa Dynamica Properties (Pty) Ltd
1007 Saxby Avenue
Eldoraigne
Centurion
Id Subtitle 1203706504
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RECALCULATE
Estimated monthly repaymentR 5,311
Total property loan amountR 490,000
Total interestR 784,440
Total repaymentR 1,274,440
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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Casa Dynamica Properties (Pty) Ltd
Selling for 2+ years
Total Ads148
Active Ads148
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