Real Estate Investor Magazine South Africa February 2016 | 页面 14
Use Bank Finance & Tenant’s Rental to grow YOUR investments
Maitland Cape Town
1 Bedroom Apartment - First Floor
R 469,900
Example: Purchase Price R469,900 Less 20% Deposit R93,980 = Bond Amount R375,920
Rental Income 2016
Bond Instalments
Rental Agent Commission (Optional)
Levy
Rates
Net Income (monthly)
Monthly Figures
R 4,700
R -3369
R -589
R -551
R -25
R 166
(Interest Rate 10,25%)
(12,54% Incl Vat)
Net Return by 2017
Net Income
R 166 x 12 months = R1,990 pa.
Annual Capital Growth (5%)
R 23,495
Total R 25,485 = 27% Return
Assumptions & Notes:
Rental Agent commission is Optional & if self-managed can increase Rate of Return
Annual Capital Growth Rate on Property Value of 5% (sourced through reports by Lightstoneproperty.co.za & cmainfo.co.za)
The Higher the bond finance the Higher the Returns.
CHAD WILLIAMS / CLINTON FORLEE
071 639 3512 / 072 840 6797
[email protected]
www.mountainviewvillas.co.za