Great property investment opportunity
Two bedroom house Emndeni with 2 outside rooms and a (garage with sliding door) plus a fast food shop with a sit-in facilities for sale.
The buyer of this house will be paying a bond of R6,590. Monthly.
The 2 bedroom house can be rented out for R5 000 to R5 500.
The 2 outside rooms can be rented out for R1 800 for both.
And the garage (with a sliding door) can be rented out for R1 800.
The fast food shop can be rented out for R4 000 monthly. (We have a potential tenant looking to take the space right now for that amount.)
Now to workout the numbers that is
R4 000 = R 13 100 income per month. On this house
R13 100 - R6,590(for the bond) = R6 510 left for you.
This sounds like a great investment deal.
Qualifying in income is R22 000 and above. Single income or jointly.
You will pay nothing from your pocket.