Jericho Park - 19925 78B Avenue - b2_building_2 - Langley Township, BC, V2Y 1S3
2.0 Beds
1 Bath
563 sqft
2.0 Beds
1 Bath
563 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $105,580 |
Mortgage Amount | $422,320 |
Mortgage Payment % | $2,191 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,372 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $646 |
Net Operating Income | $726 |
Debt Service | |
Mortgage Payment | $2,191 |
Net Cash Flow | -$1,465 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $52,790 | - | - | - | - | - | - | - | - | - |
Closing Costs | - | - | $77,848 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $1,613 | $6,648 | $6,967 | $7,302 | $7,653 | $8,021 | $8,407 | $8,811 |
Total | $52,790 | $0 | $79,461 | $6,648 | $6,967 | $7,302 | $7,653 | $8,021 | $8,407 | $8,811 |
Cash Invested | $52,790 | $52,790 | $132,251 | $138,900 | $145,868 | $153,171 | $160,825 | $168,846 | $177,254 | $186,065 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $4,116 | $16,644 | $17,360 | $18,107 | $18,885 | $19,697 | $20,544 | $21,428 |
Operating Expenses | - | - | -$1,938 | -$7,801 | -$7,992 | -$8,189 | -$8,391 | -$8,599 | -$8,813 | -$9,033 |
Mortgage Payment | - | - | -$6,573 | -$26,294 | -$26,294 | -$26,294 | -$26,294 | -$26,294 | -$26,294 | -$26,294 |
Net Cash Flow | - | - | -$4,395 | -$17,451 | -$16,926 | -$16,377 | -$15,800 | -$15,196 | -$14,563 | -$13,899 |
Returns | ||||||||||
Property Price Appreciation | $26,395 | $27,714 | $29,100 | $30,555 | $32,083 | $33,687 | $35,371 | $37,140 | $38,997 | $40,947 |
Mortgage Paydown | - | - | $1,613 | $6,648 | $6,967 | $7,302 | $7,653 | $8,021 | $8,407 | $8,811 |
Net Cash Flow | - | - | -$4,395 | -$17,451 | -$16,926 | -$16,377 | -$15,800 | -$15,196 | -$14,563 | -$13,899 |
Total Return | $26,395 | $27,714 | $26,319 | $19,752 | $22,124 | $24,613 | $27,224 | $29,965 | $32,841 | $35,858 |
Cumulative Return | $26,395 | $54,109 | $80,428 | $100,181 | $122,305 | $146,918 | $174,143 | $204,109 | $236,950 | $272,809 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 102.5% | 60.8% | 72.1% | 83.8% | 95.9% | 108.3% | 120.9% | 133.7% | 146.6% |
Cash On Cash | - | - | -3.3% | -12.6% | -11.6% | -10.7% | -9.8% | -9.0% | -8.2% | -7.5% |