2.0 Beds
2 Baths
1223 sqft
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $177,980 |
| Mortgage Amount | $711,920 |
| Mortgage Payment % | $3,693 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $2,965 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $1,194 |
| Net Operating Income | $1,771 |
| Debt Service | |
| Mortgage Payment | $3,693 |
| Net Cash Flow | -$1,922 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $88,990 | - | - | - | - | - | - | - | - | - |
| Closing Costs | - | $121,288 | - | - | - | - | - | - | - | - |
| Mortgage Paydown | - | $4,552 | $11,295 | $11,838 | $12,407 | $13,003 | $13,628 | $14,283 | $14,970 | $15,689 |
| Total | $88,990 | $125,840 | $11,295 | $11,838 | $12,407 | $13,003 | $13,628 | $14,283 | $14,970 | $15,689 |
| Cash Invested | $88,990 | $214,830 | $226,125 | $237,964 | $250,371 | $263,375 | $277,004 | $291,287 | $306,258 | $321,948 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | $14,828 | $36,226 | $37,784 | $39,409 | $41,104 | $42,871 | $44,715 | $46,637 | $48,643 |
| Operating Expenses | - | -$5,971 | -$14,482 | -$14,849 | -$15,227 | -$15,615 | -$16,015 | -$16,427 | -$16,851 | -$17,288 |
| Mortgage Payment | - | -$18,469 | -$44,326 | -$44,326 | -$44,326 | -$44,326 | -$44,326 | -$44,326 | -$44,326 | -$44,326 |
| Net Cash Flow | - | -$9,611 | -$22,581 | -$21,391 | -$20,143 | -$18,837 | -$17,470 | -$16,038 | -$14,540 | -$12,971 |
| Returns | ||||||||||
| Property Price Appreciation | $44,495 | $46,719 | $49,055 | $51,508 | $54,083 | $56,788 | $59,627 | $62,608 | $65,739 | $69,026 |
| Mortgage Paydown | - | $4,552 | $11,295 | $11,838 | $12,407 | $13,003 | $13,628 | $14,283 | $14,970 | $15,689 |
| Net Cash Flow | - | -$9,611 | -$22,581 | -$21,391 | -$20,143 | -$18,837 | -$17,470 | -$16,038 | -$14,540 | -$12,971 |
| Total Return | $44,495 | $41,660 | $37,769 | $41,955 | $46,347 | $50,953 | $55,785 | $60,853 | $66,169 | $71,745 |
| Cumulative Return | $44,495 | $86,155 | $123,924 | $165,880 | $212,227 | $263,181 | $318,967 | $379,821 | $445,990 | $517,735 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 50.0% | 40.1% | 54.8% | 69.7% | 84.8% | 99.9% | 115.1% | 130.4% | 145.6% | 160.8% |
| Cash On Cash | - | -4.5% | -10.0% | -9.0% | -8.0% | -7.2% | -6.3% | -5.5% | -4.7% | -4.0% |
