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R2,300,000

Monthly Bond Repayment R24,925.26
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R7,500

INVESTORS DREAM

LARGE INCOME GENERATING PROPERTY

This 7 bedrooms 4 bathrooms is a life long investment. located at Umbilo all bedrooms are spacious with built-in cupboards, 2 bedrooms with en-suits, a large fully fitted kitchen with breakfast nook, tv area with DSTV compact and swimming pool, uncapped wifi, 3 Air cons,2 washing machines, 3 fridges, curtains and bedding, full security every tenant has their own panic button, 4 lockup garages.

Accommodation for students (ALL GIRLS CURRENTLY) 12/16 students in the main house and family in the garden cottage.
Cleaner comes twice a week. All house rules in place and followed by tenants and leases in place, also furniture included.

Below is a breakdown of income:
Room A1
3 Sharing
R2500 x 3 (R 7,500)

Room A2
3 sharing
R2500 x 3 (R 7,500)

Room A3
Single
R3 300

Room A4
Single with en-suite
R3 500

Room A5
2 Sharing
R2 700 x 2 (R5 400)

Room A6
2 sharing with en-suite
R2 900 x 2 (R 5 800)

Garden cottage
R3 500
This property has a great future potential and has a lot to offer you

Features

7
4
4
Interior
Bedrooms
7
Bathrooms
4
Kitchens
1
Furnished
Exterior
Garages
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
629m²

Umbilo, Durban

Durban is a vibrant and cosmopolitan city that embraces a unique blend of cultures, stunning beaches, and a warm tropical climate. As the largest city in the province of KwaZulu-Natal, Durban has grown into a bustling metropolis known for its rich history, diverse population, and an array of attractions that cater to both locals and tourists. With its welcoming spirit, laid-back lifestyle, and abundance of...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

24,925.26

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