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R2,399,000

16 MADRID Crescent

Monthly Bond Repayment R25,583.65
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R800

11 Bedroom House For Sale in Cosmo City

11 Bedroom House For Sale in Cosmo City
Cash Buyers or Huge Deposit
Income generating property. This property is a multi let property with a 9 Bachelor pads and 2 Bedroom unit. Each unit has its own kitchenette shower and toilet. The 2 bedroom has its own kitchen and a 2 bedroom. Each unit has a electricity prepaid meter.
This property is fully walled and gated and has ample space for parking.
The property is situated in Cosmo city ext 3 close to Jackal creek Corner a good shopping centre.
Income generated
2 bed R4800
2 x Bachelor R3500
1 x Bachelor R3600
3 x Bachelor R3300
1 x Bachelor R3200
1 X Bachelor R2900
1 X Bachelor R2500
TOTAL Income R34 000

Features

11
10
Pets Allowed
Yes
Interior
Bedrooms
11
Bathrooms
10
Sizes
Land Size
600m²

Cosmo City, Roodepoort

For homeowners seeking to invest in Krugersdorp, Randburg or Roodepoort property, Leapfrog offers an excellent range of properties to rent or purchase in this prime area, ensuring something to suit all tastes. The New West Rand area encompasses the suburbs of Roodepoort, Krugersdorp (also known as Mogale City) and Randburg, and offers a range of property options from large free standing houses to apartments and many...
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Roodepoort, a great neighbourhood to buy in
Roodepoort is a city with a long history; although it only officially became a city in 1977 it can trace its origins back as far as 1904, when it was settled by those joining the gold rush. Although the Confidence Reef, which...
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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%

Monthly Payment

25,583.65

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