Cashflow positive buy-to-let

Craigavon, Johannesburg

This 3 bed 2 bath, 185 sq.m cluster was bought in an excellent condition. The capital investment (purchase price, and all acquisition and renovation costs) was R734,930, 33% less than its market value of R1.1m. This means that YDL’s investor made R365,070 when the property was purchased. The investor obtained a 90% mortgage bond, and the property was tenanted for R9,500 pm. The property was thus cash flow positive from Day 1! The initial net yield was 13%.

185 Sq.m.

3 Beds 

2 Baths

This well-located buy-to-let property had an initial net yield of 13%.
It was therefore cash-flow positive from Day 1!

Use the map to get an idea of the area. For security purposes we have not identified the actual property on the map.

The Numbers

Total capital investment R734 930
Market value R1 100 000
Gross discount R365 070
Gross monthly rental  R9 500
Monthly operating expenses  R1 660
Net monthly rental R7 840
Initial net yield 13%

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