1.0 Beds
2 Baths
618 sqft
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $121,980 |
| Mortgage Amount | $487,920 |
| Mortgage Payment % | $2,531 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $869 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $571 |
| Net Operating Income | $298 |
| Debt Service | |
| Mortgage Payment | $2,531 |
| Net Cash Flow | -$2,233 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $60,990 | - | - | - | - | - | - | - | - | - |
| Closing Costs | - | $87,688 | - | - | - | - | - | - | - | - |
| Mortgage Paydown | - | $6,945 | $7,925 | $8,306 | $8,705 | $9,123 | $9,562 | $10,022 | $10,503 | $11,008 |
| Total | $60,990 | $94,633 | $7,925 | $8,306 | $8,705 | $9,123 | $9,562 | $10,022 | $10,503 | $11,008 |
| Cash Invested | $60,990 | $155,623 | $163,548 | $171,854 | $180,560 | $189,684 | $199,246 | $209,268 | $219,772 | $230,780 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | $9,564 | $10,845 | $11,312 | $11,798 | $12,305 | $12,835 | $13,387 | $13,962 | $14,563 |
| Operating Expenses | - | -$6,283 | -$7,001 | -$7,163 | -$7,330 | -$7,502 | -$7,678 | -$7,858 | -$8,043 | -$8,234 |
| Mortgage Payment | - | -$27,847 | -$30,379 | -$30,379 | -$30,379 | -$30,379 | -$30,379 | -$30,379 | -$30,379 | -$30,379 |
| Net Cash Flow | - | -$24,566 | -$26,534 | -$26,230 | -$25,911 | -$25,575 | -$25,222 | -$24,850 | -$24,460 | -$24,050 |
| Returns | ||||||||||
| Property Price Appreciation | $30,495 | $32,019 | $33,620 | $35,301 | $37,066 | $38,920 | $40,866 | $42,909 | $45,055 | $47,307 |
| Mortgage Paydown | - | $6,945 | $7,925 | $8,306 | $8,705 | $9,123 | $9,562 | $10,022 | $10,503 | $11,008 |
| Net Cash Flow | - | -$24,566 | -$26,534 | -$26,230 | -$25,911 | -$25,575 | -$25,222 | -$24,850 | -$24,460 | -$24,050 |
| Total Return | $30,495 | $14,398 | $15,011 | $17,377 | $19,860 | $22,468 | $25,206 | $28,080 | $31,098 | $34,266 |
| Cumulative Return | $30,495 | $44,893 | $59,904 | $77,281 | $97,142 | $119,611 | $144,817 | $172,898 | $203,996 | $238,262 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 50.0% | 28.8% | 36.6% | 45.0% | 53.8% | 63.1% | 72.7% | 82.6% | 92.8% | 103.2% |
| Cash On Cash | - | -15.8% | -16.2% | -15.3% | -14.4% | -13.5% | -12.7% | -11.9% | -11.1% | -10.4% |
