Property:
2,5 bedrooms, with 1 bathroom apartment in a secure building.
Market Overview:
Situated in the heart of Sunnyside, Pretoria, this property offers easy access to transport and major routes.
Walking distance to schools, to University of Pretoria, Loftus Stadium, Boston college, Pretoria Girls High, Pretoria Boys High.
Investment:
Potential Rental Income= R7 300
Actual Operating Expenses= R1 708
Potential rate of return= 11.59%
Potential Cash on Cash= 52.94% (This assumes a 0% deposit)