12-MONTH RENTAL GUARANTEE
Annex further strengthens its position as an ideal investment by offering an EXCLUSIVE 12-MONTH RENTAL INCOME GUARANTEE, assuring buyers a substantial 7% – 10% NET return per year. Alleviating the typical stresses associated with property investments. Buyers are assured rental income for the initial year following the property transfer, providing flexibility to allocate it towards covering mortgage payments or exploring additional investment avenues.
|
2-BEDROOM, 2-BATHROOM |
3-BEDROOM, 2-BATHROOM |
|
Purchase Price: R1.2 million |
Purchase Price: R2.5 million |
|
Deposit: R5 000 |
Deposit: R5 000 |
|
Bond @ 11.75%: R12 062 |
Bond @ 11.75%: R25 185 |
|
Guaranteed Rental: R12 000 |
Guaranteed Rental: R17 000 |
|
Estimated Monthly Levy: R1 200 |
Estimated Monthly Levy: R1 200 |
|
Estimated Monthly Rates: R600 |
Estimated Monthly Rates: R600 |
|
Guaranteed Net Annual Yield: 10% |
Guaranteed Net Annual Yield: 7% |
|
Estimated Capital Appreciation: 6% YOY |
Estimated Capital Appreciation: 6% YOY |
*Rental guarantees: Paid to you monthly from registration. Valid for 12-months.
**The information provided is to be used as a guide and is not a guarantee of savings or earnings. All information stated here was correct at time of printing/publishing and subject to change without notice. E&OE
***The bond repayment amounts were calculated at prime 11,75% interest rate on a 30-year term with R5 000 deposit and are subject to change.
Annex Projected value over 10 years
*Rental guarantees – Paid to you monthly from registration. Valid for 12-months.
**The bond repayment amounts were calculated on the 11,75% interest rate on a 30-year term and are subject to change.
***The information provided is to be used as a guide and is not a guarantee of savings or earnings. All information stated here was correct at time of printing/publishing and subject to change without notice. E&OE
How does the Rental Guarantee work?
A rental guarantee is a commitment by the developer to ensure a minimum rental income for the purchaser when acquiring an investment property intended for leasing rather than permanent residence. The guarantee is NET to the buyer, which means the Developer pays levies and rates and you are paid the difference. Specific terms and conditions are applicable.
In order for purchasers to take advantage of this offering, the following is required:
- The owner of the unit must secure their apartment with deposit, signed agreement and bond/ cash guarantee in place and confirmed by the conveyancing attorneys.
- The developer will enter into a lease agreement with the owner for a period of 12-months from transfer of the specific apartment, at R12 000 per month for a 2-bedroom, 2-bathroom and R17 000 for a 3-bedroom, 2-bathroom.
- Calculations are based on the plus VAT purchase price.
It’s that SIMPLE.
