Property description
Great investment. Stunning clean and secure building. One bedroom unit in Faymore. A great building and a favourite amongst residents and investors. The property is leased with a tenant that pays R4400-00 rental excluding utilities. The market related rental for this unit is R5500-00 p.m. pre-paid electricity. Faymore boasts with upgraded security, located amongst prime amenities in Berea, Johannesburg.
The apartment has one bedroom. One living area, separate enclosed balcony, separate bathroom, separate kitchen with cabinets. The entire unit was renovated recently.
Levy is R1917.00 p.m.
As an investment, the following calculations might surprise you:
16.1% R.O.I Nett with a R5500-00 rental on a R170 000-00 Cash purchase price.
Make an offer as soon as possible as this one will sell quick.
Location rating
Nearby Transport
Nearby Education
Nearby Other
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
