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25% BMV - Pretoria West - 3 Bed
Please see below another great deal that we've sourced through
a distressed seller in Pretoria. This neat little 3 bed duplex
is ready to let out as is and offers a positive cash flow of around R600pm and instant equity of R 110 000.
The duplex needs no work done to it at all and is priced significantly below market value.
(please see pics attached)
*** CASH BUYERS WILL BE GIVEN PRIORITY ***
THE PROPERTY:
City: Pretoria
Suburb: Pretoria West
Type: Duplex
Beds: 3
Bathrooms: 1
Kitchen:1
Lounge: 1
Garage: 1
Size: 73 sqm
THE DEAL:
Market Value: R 440 000
Purchase Price: R 330 000
Discount: 25%
Instant Built-In Equity: R 110 000
Rental potential: R3600 - R3800 (quote by Trafalgar)
CASH FLOW:
Monthly bond (10.5% over 30 years for R297 000): R2 716pm
R 3800 - R 2716 + R 470 = R 614 positive cash flow
OTHER INFO:
Managed by: RENT ADMIN
Levy: R 470
Lovely ground floor in complex with secure access gates.
This unit offers you 3 bedrooms, 1 bathroom and an open plan
lounge/kitchen area. It is fully tiled with build in cupboards
in the bedrooms. The kitchen has ample cupboard space. The
living room area opens up in a private garden area. The unit
also has a lock up garage and extra parking space for visitors.
Kindly pass this on to any other investors/friends that you think might be interested in this below market value deal!
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TO SECURE THIS DEAL PLEASE REPLY TO THIS EMAIL AND TELL US YOUR:
- Contact Number:
- Existing bond amounts (if any)
- Gross monthly income
- Cash available for deposit
SERIOUS BUYERS ONLY PLEASE - All inquiries will be treated on a first
come first served basis.
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