Brokerage | Multi-let Opportunity

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Johannesburg West

  • This property on 495 squares consists of 4-bed Bedrooms and 1 Bathroom.
  • This Property has 4 separate outside rooms a sharing bathroom.
  • This property forms part of the corridors of freedom and is located on a quiet street in the suburb.
  • This property has a carport parking for 1 car.
  • Property is close to all major amenities and routes
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Multi-let Opportunity

Asking Price R1 399 999
Capital costs include Incl. transfer, bond, and sourcing fee

  • 8 tenants at R 3 000 per room
  • Rental Income R 24 000
  • Bond Repayment R 10 854 (@prime 7%)
  • Operating cost R7 087
  • (Water, rates, management fee, maintenance fee insurance & miscellaneous)
  • Monthly Expenses R 17 941
  • Net Cash Flow R 6 059
  • Annual Cash Flow R 72 708