13 Bed House in Val de Grace
This Stunning Property offer
4 bedroom spacious house
2 bedroom flat
1 bedroom flat
6 Bachelors
R45 000 income a month
Close to Menlyn, taxi routes and many more
Val de Grace, Pretoria
MONTHLY INCOME STATEMENT
RENTAL INCOME
HOUSE R11,890.00
UNIT 5 R4,200.00
UNIT 6 R4,200.00
UNIT 7 R4,700.00
UNIT 8 R4,700.00
UNIT 9 R4,200.00
UNIT 10 R4,200.00
UNIT 11 R5,500.00
UNIT 12 (Regarger Prepaid meter) R6,600.00 R50,190.00
R50,190.00
OTHER INCOME
RECHARGER PREPAID METERS (Unit 12) R900.00 R900.00
=R51,090.00
EXPENSES
TSHWANE R&T + W&E 10month ave+8% R17,686.00
GARDENER/CARETAKER R4,200.00 R21,886.00
NETT PROFIT R29,204.00
ANNUAL NET PROFIT R350,448.00
SELLING PRICE AT 10% RETURN R3,550,000.00
* Electricity is at 10 month avarage +8% (for municipal increases)
For an avarage usage summer and winter
Call me today for this 2022 Investment grab
Property details
- Listing number T3333135
- Property type House
- Listing date 31 Jan 2024
Property features
- Bedrooms 13
- Bathrooms 7
- Lounges 3
- Covered parking 2
- Access gate
- Kitchen