Haldon rd investment property

Well Kept and Maintained Property with WORKING TENANTS!!. (7 BEDROOMS )

LOCATION ;Close to BOHMER secondary school in Universitas .

Rental contract in place @ R10 500.00 p/m

Property 1 ; 3 Bedroom house (Not Prepaid) with 1x ensuite bathroom plus 1x extra full bathroom

Kitchen /Dining room -Lounge

Parking for 6 vehicles

Rental contract in place @ R4 800.00 p/m

Property;2; Bachelor Flat with prepaid .

Bathroom with shower/basin/toilet and Kitchenette .

Rental contract in place @ R 6 196.00 p/m

Property 3; 2xBedroom flat with prepaid .

Bathroom/Kitchenette /Lounge-Dining Room.

Rental contract in place @R3 800.00 p/m

Property 4;1x Bachelor Flat next to Pool .Furnished with prepaid .

Bathroom and Open plan Kitchen and bedroom .

Owner expenses ;Centlec for Main house R 6 796 .00 p/m(Can change to prepaid )

Municipal R/Taxes R 472.00 p/m

Total R 9 264.00 p/m

INCOME P.M R 25 296.00 X12 =R 303 552.00

EXPENSES - R 111 168.00

Nett total = R 192 384.00 =8% ROI .From year 1 and WIth rental increases every year you should reach your 10% in 2 years .

Please contact me for viewing .