GPI -R5000*12= R60 000
Annual Expenses: (R1 462.37 + R494.00)*12 = R23 466.84
Net Annual Income : R60 000-R23 466.84+ R36 533.16
Investment Considerations
Tenant Stability: The current tenant is prepared to stay. providing immediate rental...
This is a Bargain Buy - make your offer now - just above R480 000 may be acceptable so give it a try.
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