Generate Rental Income with a second dwelling or simply down size from that large family home no longer needed now that the kids have flown the nest.
Accommodation |
||
| Open Plan Comprising | ||
| · Lounge | ||
| · Dining | ||
| · Kitchen | ||
| Bedrooms | ||
| Bathrooms | ||
| Total Living Space | 110 m2 | |
| Covered Patio | 10 m2 | |
| Covered Carport | 25 m2 | |
| Total Under Roof | 145 m2 | |
Exhaustive research into the many varied construction systems available in South Africa has shown that prefabricated modular construction, not only provides a greener and cleaner solution than traditional building methods but also provides greater external wall insulation values whilst achieving a R250,000 (15%) saving on our 145 sq.M Villa Unit.
Disruption and mess are the key perceptions of most homeowners when considering embarking on home additions. FROG Homes' prefabricated system for permanent structures dramatically reduces the duration of on-site construction while enabling determination of a precise program and completion date.
Based on a conservative current market rental of R10,500 p/m for a second dwelling in the Bryanston area, the table opposite illustrates Return on Investment by year of 7.51% in year 1 to 11.65% in year 10, applying only a 5% p/a escalation.
| Excl. VAT | VAT at 15% | Total Cost |
|---|---|---|
| R1,459,197 | R218,880 | R1,678,077 |
For the price of a depreciating luxury car, that spare space can add value to your property whilst providing an income for many years to come.
| Yr. | Estimated Monthly Rental |
Estimated Annual Rental |
Return on Original Investment |
|---|---|---|---|
| 1 | R10,500 | R126,000 | 7.51% |
| 2 | R11,025 | R132,300 | 7.88% |
| 3 | R11,576 | R138,915 | 8.28% |
| 4 | R12,155 | R145,861 | 8.69% |
| 5 | R12,763 | R153,154 | 9.13% |
| 6 | R13,401 | R160,811 | 9.58% |
| 7 | R14,071 | R168,852 | 10.06% |
| 8 | R14,775 | R177,295 | 10.57% |
| 9 | R15,513 | R186,159 | 11.09% |
| 10 | R16,289 | R195,467 | 11.65% |
Whilst every construction project is subject to variables in weather conditions, transport challenges etc, efficiency of site works remains the key to providing the most cost effective construction solution possible. FROG Homes undertakes the construction process in 3 parts allowing a 3 week period for each:
The first of 3 phases comprises site servicing and sub-structure. This means providing the water, sewer and electricity services together with the only wet trade being foundation and ground floor concrete surface bed.
The second of the 3 phases is where it gets more interesting for most owners in the erection of the walling and roofing systems which also includes the provision of internal and external doors and all window units.
The third and final phase is when excitement builds as the tiling, floor and wall finishes, sanitaryware, kitchen units, built in cupboards, vanity, light fittings, together with all the other finishing touches happen.
FROG Homes' modular walling and roof construction enables simple and clean alterations and extensions to existing structures allowing uninterrupted use of the existing building.
To keep your lights on, the TV running and your Wi-Fi fully operational when the grid can't, all FROG Homes' Units are equipped with our standard single phase 3kW Hybrid Energy System comprising:
This system is fully upgradable to our level 2 installation providing still more energy or our level 3 installation enabling Fully Off-Grid living.
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