5 Bedroom House for Sale in Universitas

Well Kept and Maintained Property with WORKING TENANTS!!. (7 BEDROOMS ) LOCATION ;Close to BOHMER secondary school in Universitas . Rental contract in place @ R10 500.00 p/m Property 1 ; 3 Bedroom house (Not Prepaid) with 1x ensuite bathroom plus 1x extra full bathroom Kitchen /Dining room -Lounge Parking for 6 vehicles Rental contract in place @ R4 800.00 p/m Property;2; Bachelor Flat with prepaid . Bathroom with shower/basin/toilet and Kitchenette . Rental contract in place @ R 6 196.00 p/m Property 3; 2xBedroom flat with prepaid . Bathroom/Kitchenette /Lounge-Dining Room. Rental contract in place @R3 800.00 p/m Property 4;1x Bachelor Flat next to Pool .Furnished with prepaid . Bathroom and Open plan Kitchen and bedroom . Owner expenses ;Centlec for Main house R 6 796 .00 p/m(Can change to prepaid ) Municipal R/Taxes R 472.00 p/m Total R 9 264.00 p/m INCOME P.M r 25 296.00 x12 =r 303 552.00 expenses - r 111 168.00 Nett total = R 192 384.00 =8% roi .From year 1 and WIth rental increases every year you should reach your 10% in 2 years . Please contact me for viewing .