CityPointe Heights - The Gore Rd s/of Fogal Rd - strawberry - Brampton, ON, L6P
2.0 Beds
2 Baths
766 sqft
2.0 Beds
2 Baths
766 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $173,198 |
Mortgage Amount | $692,792 |
Mortgage Payment % | $3,594 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,867 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $771 |
Net Operating Income | $1,095 |
Debt Service | |
Mortgage Payment | $3,594 |
Net Cash Flow | -$2,498 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $129,896 | - | - | - | - | - | - | - | - | - |
Closing Costs | $73,596 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $4,429 | $10,992 | $11,520 | $12,074 | $12,654 | $13,262 | $13,900 | $14,568 | $15,268 | $16,002 |
Total | $207,921 | $10,992 | $11,520 | $12,074 | $12,654 | $13,262 | $13,900 | $14,568 | $15,268 | $16,002 |
Cash Invested | $207,921 | $218,913 | $230,434 | $242,508 | $255,162 | $268,425 | $282,325 | $296,893 | $312,161 | $328,163 |
Rental Cash Flows | ||||||||||
Rent and other income | $9,335 | $22,806 | $23,787 | $24,810 | $25,877 | $26,990 | $28,150 | $29,361 | $30,623 | $31,940 |
Operating Expenses | -$3,856 | -$9,353 | -$9,588 | -$9,830 | -$10,080 | -$10,336 | -$10,600 | -$10,872 | -$11,152 | -$11,440 |
Mortgage Payment | -$17,973 | -$43,135 | -$43,135 | -$43,135 | -$43,135 | -$43,135 | -$43,135 | -$43,135 | -$43,135 | -$43,135 |
Net Cash Flow | -$12,494 | -$29,681 | -$28,936 | -$28,155 | -$27,338 | -$26,481 | -$25,585 | -$24,646 | -$23,664 | -$22,635 |
Returns | ||||||||||
Property Price Appreciation | $43,299 | $45,464 | $47,737 | $50,124 | $52,630 | $55,262 | $58,025 | $60,926 | $63,973 | $67,171 |
Mortgage Paydown | $4,429 | $10,992 | $11,520 | $12,074 | $12,654 | $13,262 | $13,900 | $14,568 | $15,268 | $16,002 |
Net Cash Flow | -$12,494 | -$29,681 | -$28,936 | -$28,155 | -$27,338 | -$26,481 | -$25,585 | -$24,646 | -$23,664 | -$22,635 |
Total Return | $35,235 | $26,774 | $30,321 | $34,042 | $37,946 | $42,042 | $46,340 | $50,848 | $55,577 | $60,538 |
Cumulative Return | $35,235 | $62,010 | $92,331 | $126,374 | $164,321 | $206,364 | $252,704 | $303,552 | $359,130 | $419,668 |
Investment Metrics | ||||||||||
Cumulative ROI | 16.9% | 28.3% | 40.1% | 52.1% | 64.4% | 76.9% | 89.5% | 102.2% | 115.0% | 127.9% |
Cash On Cash | -6.0% | -13.6% | -12.6% | -11.6% | -10.7% | -9.9% | -9.1% | -8.3% | -7.6% | -6.9% |