This is a cash amount paid directly to you in monthly installments over a set period. No deductions are taken off this amount, and it is paid to you along with your rental income each month. It is intended to help reduce your monthly shortfalls in the first years of your investment.

This is what you have to pay in after your investment expenses until you reach break-even point. 

Simply put:

This is the Return on Investment you make before any deductions each month. It is usually expressed as a percentage. ROI is calculated like this:

Gross Rental Yield is a quick way to compare the income potential of different investment properties. It shows how much rental income a property could earn each year compared to the cost of buying it. It doesn’t include expenses.

Bond fees are the cost of registering your bond with your bank or financial services provider. Transfer duty is a tax paid on the transfer of a property to a new owner.

IGrow usually waives bond and transfer fees to make your investment more affordable for you, saving tens of thousands of Rands.

This is how much rent you can expect to earn on your investment property. The amount will vary depending on the unit you choose. For example, ground floor apartments will typically command a higher rent than a 2nd floor apartment. 

Rental income variations within a development usually reflect unit size, convenience of access, and special features like private use gardens or a great view.

Rental management by IGrow Rentals includes:

• Tenant vetting and credit checks
• Drawing up lease agreements
• Conducting regular property inspections 
• Rent collection and payment to you
• Handling routine maintenance and call-outs from tenants
• Reporting on income and expenses for your tax returns
• Settling disputes and sorting out evictions
• Arranging tenant insurance

This means you are buying a property that already has a tenant living in it.

EDGE (Excellence in Design for Greater Efficiencies) is an internationally recognised green building certification created by the International Finance Corporation (IFC), a member of the World Bank Group.

To earn EDGE certification, a building must achieve at least 20% savings in energy consumption, water usage, and embodied energy in building materials compared to a standard local baseline. These savings are independently verified by a third-party auditor.

Lower ongoing utility costs improve the asset’s yield profile, while the certification itself strengthens marketability and helps differentiate the property in a competitive market. Certified properties can also be eligible for better financing terms, through green finance programs at some banks.