Property:

A Beautiful 8 bedrooms, with 2 full bathroom also a separate toilet apartment in a secure building. Potential addition of 6 rooms may be added using the current double garage plus erecting another structure

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:

Current rental when fully occupied = R24 000pm

Potential Rental Income= R42 000pm

Actual Operating Expenses= R2 695

Projected Cash on Cash = 138.69 %

Cap rate = 44%

Assuming acquisition is 100% finance