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R784,000

Monthly Bond Repayment R7,565.77
Calculated over 20 years at 10% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R450
Monthly Rates
R240

Exclusive Investment Opportunity - Port Elizabeth - 2 & 3 Bedroom Homes selling from only R658 000

Fourleaf Estate is situated within minutes of the top-class shopping opportunities at Baywest Mall. Public schools are also nearby and Curro Westbrook is just five minutes away. Purchase prices start from an unbelievable R685 000, with rental income from R5 300 p/m, which gives you, the property investor, gross yield of up to 10%.

What is Rental Assist?
Exclusicve to IGrow Investors, R1 000 per month for 12 months will be paid to investors from date of registration, towards rental recieved from the tenant, to offset monthly shortfall.*
* Terms & Conditions apply

MASSIVE TAX INCENTIVE FOR INVESTORS
Section 13sex of the Income Tax Act applies where up to 72% of the purchase price can be written off for tax purposes against your income tax liability when purchasing 5 properties or more.

ALL INCLUSIVE INVESTMENT BENEFITS
Unbelievably LOW shortfalls from as little as R200 per month
All bond registration and attorney fees INCLUDED
Return on investment up to 10%
RENTAL ASSIST for Investor of R1 000 for 12 months
Excellent rental demand
Insure your rental income with RENT GUARANTEED
Security estate
INVESTMENT OVERVIEW
Development is backed by OLD MUTUAL HOUSING IMPACT FUND
Purchase price from R685 000 - R898 000
Rental Income from R5 300 - R7 300 per month
Levy (approx) R450 per month
Rates & taxes from (approx) R240 per month
100% financing available through IGrow Homeloans
Turnkey project - only pay first bond instalment on registration in early 2018
R30 000 reservation deposit (refundable should finance not be approved)

Features

3
1
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
1
Security
Yes
Views
Yes
Sizes
Floor Size
61m²
Land Size
325m²
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Igrow Wealth Investments website is accurate and up to date, Igrow Wealth Investments makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

R
R

Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Vat @ 15%
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Exclusive Use
Fica
Deeds Office Search
Electronic Document Preparation
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
Vat 15%
Deeds Office Levy
Postage and Petties
Insurance Certificate
Bank Electronic Connection Fee
NCA Fee
Electronic Document Preperation
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

7,565.77

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