| Down Payment | Monthly Payment | Cash flow | Annual Income | ROI |
|---|---|---|---|---|
| R0 | R19199.97 | R-12499.97 | R-149999.60 | |
| R150000 | R17279.97 | R-10579.97 | R-126959.64 | -84.64% |
| R300000 | R15359.97 | R-8659.97 | R-103919.68 | -34.64% |
| R450000 | R13439.98 | R-6739.98 | R-80879.72 | -17.97% |
| R600000 | R11519.98 | R-4819.98 | R-57839.76 | -9.64% |
| R750000 | R9599.98 | R-2899.98 | R-34799.80 | -4.64% |
| R900000 | R7679.99 | R-979.99 | R-11759.84 | -1.31% |
| R1050000 | R5759.99 | R940.01 | R11280.12 | 1.07% |
| R1200000 | R3839.99 | R2860.01 | R34320.08 | 2.86% |
| R1350000 | R1920.00 | R4780.00 | R57360.04 | 4.25% |
| R1500000 | R0.00 | R6700.00 | R80400.00 | 5.36% |
Sub 6% return and that's before rates, maintenance and vacancy.
2 comments:
John Loos has come up with some beauts in his time, but this one is right up there. From Fin24, talking about the power cuts.
"Eskom's effect could be positive for property - provided the damage control is good - otherwise a surge in emigration could result from negative sentiment."
I am starting to think that John is actually just a computer programme that spits out positive spin. Meteor going to wipe out all life? "Great for property!"
He should be sued when this is all over, but of course the scum always float to the surface.
He seems to be clutching for straws. Next thing he'll tell us that "Earthquakes are good for property because they reduce the available stock pushing up prices".
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