2.0 Beds
2 Baths
636 sqft
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $123,980 |
| Mortgage Amount | $495,920 |
| Mortgage Payment % | $2,573 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,150 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $609 |
| Net Operating Income | $541 |
| Debt Service | |
| Mortgage Payment | $2,573 |
| Net Cash Flow | -$2,031 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $61,990 | - | - | - | - | - | - | - | - | - |
| Closing Costs | - | $88,888 | - | - | - | - | - | - | - | - |
| Mortgage Paydown | - | $7,059 | $8,055 | $8,442 | $8,848 | $9,273 | $9,719 | $10,186 | $10,675 | $11,189 |
| Total | $61,990 | $95,947 | $8,055 | $8,442 | $8,848 | $9,273 | $9,719 | $10,186 | $10,675 | $11,189 |
| Cash Invested | $61,990 | $157,937 | $165,992 | $174,434 | $183,282 | $192,556 | $202,275 | $212,462 | $223,137 | $234,327 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | $12,659 | $14,355 | $14,972 | $15,616 | $16,287 | $16,987 | $17,718 | $18,480 | $19,274 |
| Operating Expenses | - | -$6,699 | -$7,469 | -$7,648 | -$7,833 | -$8,022 | -$8,217 | -$8,417 | -$8,623 | -$8,834 |
| Mortgage Payment | - | -$28,304 | -$30,877 | -$30,877 | -$30,877 | -$30,877 | -$30,877 | -$30,877 | -$30,877 | -$30,877 |
| Net Cash Flow | - | -$22,344 | -$23,991 | -$23,554 | -$23,094 | -$22,612 | -$22,107 | -$21,576 | -$21,020 | -$20,437 |
| Returns | ||||||||||
| Property Price Appreciation | $30,995 | $32,544 | $34,171 | $35,880 | $37,674 | $39,558 | $41,536 | $43,613 | $45,793 | $48,083 |
| Mortgage Paydown | - | $7,059 | $8,055 | $8,442 | $8,848 | $9,273 | $9,719 | $10,186 | $10,675 | $11,189 |
| Net Cash Flow | - | -$22,344 | -$23,991 | -$23,554 | -$23,094 | -$22,612 | -$22,107 | -$21,576 | -$21,020 | -$20,437 |
| Total Return | $30,995 | $17,259 | $18,235 | $20,768 | $23,428 | $26,218 | $29,148 | $32,222 | $35,449 | $38,835 |
| Cumulative Return | $30,995 | $48,254 | $66,489 | $87,258 | $110,686 | $136,905 | $166,054 | $198,276 | $233,725 | $272,561 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 50.0% | 30.6% | 40.1% | 50.0% | 60.4% | 71.1% | 82.1% | 93.3% | 104.7% | 116.3% |
| Cash On Cash | - | -14.1% | -14.5% | -13.5% | -12.6% | -11.7% | -10.9% | -10.2% | -9.4% | -8.7% |
