Chrisville, Johannesburg, Gauteng ID 767674
Apartment/Flat
2.0
2
Total Sale Price: R45 million Rental Income: R6,750 per unit per month Total Monthly Rental Income: R445,500 (66 units x R6,750) Annual Rental Income: R5,346,000 Financing Details: • Bond Term: 20 years • Interest Rate: 10% Return on Investment (ROI): 1. Monthly Bond Repayment Calculation approximately R434,259.00 2. Net Monthly Income: R11,241 per month that’s R134,892.00 From the Get-go the rental is in a profit and the profit will grow approximately 5% to 8% per annum that would be a growth to R145,680 in the following year. 3. Ryx fee would be a tax right off. 4. Interest would be a tax right off. 5. Maintenance would be a tax right off. Key Selling Points: • High Rental Demand: The units are priced competitively with a strong rental yield. • Capital Appreciation: Over 20 years, the property value is expected to appreciate drastically. As well as rental income due to shortages of residential units in the area • Tax Benefits: Interest payments on the bond may be tax-deductible, improving net returns. • Inflation Hedge: Property investments typically provide a hedge against inflation.
Ryx Renting
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