Investment
Summary:
3
BED, 2 BATH, 1 GARAGE
| |
PRICE
|
R
1,295,000 (R1 275
000 – R20 000 deposit)
|
BOND
REPAYMENT @ prime 8.5%
|
R
11 000
|
LEVIES
|
R
1000 (not payable for 12 months)
|
MANAGEMENT
FEE @ 10%
|
R
1000
|
RATES
& TAXES
|
R
400
|
RENTAL
INCOME
|
R
10 000
|
SHORTFALL
|
R
3 403
– 1000 ( savings on levies for 12 months) = R2403
|
ROI
(NET)
|
9,2%
|
Paarl, Western Cape
For only R1.295 mil
3 Bedroom Home with 360° mountain views
A short drive to city centre and Paarl Mall
Close to a number of prestigious golf courses
Amenities include a lounge with a Ladies Bar, Library, Hairdresser, Restaurant
Electrified perimeter fencing with 24/7 security
Golf cart porter service
