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R800,000

Monthly Bond Repayment R7,853.15
Calculated over 20 years at 10.25% with no deposit. Change Assumptions

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Investment Propoerty

3 bedrooms ,a converted garage(makes a fourth bedroom),lounge ,a kitchen , a bath plus 6 room outbuilding with 3 half built baths, sitting on 900 sq m land. The yard is wall fenced, there is a provision to build carports for your tenants cars, safe for toddlers as it is not on the road frontage, yet offering a huge space for kids playground, its ideal for the investment purpose.As it is ! the current gross rental income for the whole property is at R12,200 pm NB with few touch-ups , this property could surprisingly reap a projection of R14,500 gross rental income from the word Go

Features

4
1
Interior
Bedrooms
4
Bathrooms
1
Kitchens
1
Reception Rooms
2
Exterior
Security
Yes
Flatlet
6
Sizes
Land Size
900m²

Extension 12, Kokstad

Kokstad, the capital of East Griqualand, lies in the valley of the Umzimhlava River between Mount Currie and the Ingeli Mountains at a height of some 1280m above sea level.  Few towns in South Africa can compare in scenic beauty or in picturesque history with this unique town which literally rose from the bare veld just over 100 years ago. Kokstad is currently the fastest growing town in KwaZulu Natal,...
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Disclaimer: While every effort will be made to ensure that the information contained within the Maxprop website is accurate and up to date, Maxprop makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 14%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 14%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
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

7,853.15

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