Property:

Massive 1.5 bedrooms, with 1 bathroom apartment in a secure building. Given its size, this property can be easily turned into a 2.5 or 3.5 bedroom to maximize income.

Market Overview:

Situated in the heart of Arcadia, 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- R10 000
Actual Operating Expenses= R2 075
Potential rate of return= 11.20%
Potential Cash on Cash= 42.40% (This assumes a 0% deposit)