SOLE MANDATE
CALLING ALL INVESTORS:
The house is divided into a top section and a bottom section - both tenanted
This property consists of the following:
Bottom floor unit
2 bedrooms no cupboards
1 bathroom - shower, toilet and basin
Lounge
Kitchen - no stove
Prepaid electricity/water
Parking on premises
Currently tenanted with a monthly rental of R4500pm
Top floor
3 bedrooms (2 with BIC, 1 loft bedroom no cupboard)
2 bathrooms - shower, toilet and basin
Lounge
Kitchen - no stove
Prepaid electricity
Street parking
Currently tenanted with a monthly rental of R5200pm
Monthly Rental Income: R10 012
Monthly Expenses: R1990.13
Monthly Net Income: R8021.87
Yearly Net Income: R96 262.44
ROI: 11.32%
SRA / MONTH: R99.28
“The information provided is believed to be true and correct but does not form part of any agreement”