This 5-Unit Block Cost Me R1M and Pays Me R20K Every Month

Join this channel to get access to perks:    / @laurensboel   Connect with me: https://linktr.ee/laurensboel I bought a 5-unit residential block in South Africa for R1 million — and it now generates R20,000 in rental income every single month. In this video, I break down exactly how I found the deal, financed it, renovated it, and turned it into a cash-flowing property investment. If you're looking to get into South African property investing, buy-to-let strategies, or build a rental income portfolio, this case study walks you through the real numbers: purchase price, renovation costs, rental income, and ROI. 🏘️ What you'll learn in this video: How I sourced this off-market property deal The full purchase price and renovation breakdown How I calculated rental yield before buying Real monthly income numbers (R20,000/month) Lessons learned from managing a multi-unit property 📍 Property: 5-unit residential block, South Africa 💰 Purchase price: R1,000,000 📈 Monthly rental income: R20,000 If you're interested in property investment, real estate case studies, or building passive income through rentals, subscribe for more breakdowns like this one.