Q Condos - 20 Queen St N - 1308_1l - Kitchener, ON, N2H 2G8
2.0 Beds
2 Baths
783 sqft
2.0 Beds
2 Baths
783 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $566,993 |
Mortgage Payment % | $2,941 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,908 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $768 |
Net Operating Income | $1,140 |
Debt Service | |
Mortgage Payment | $2,941 |
Net Cash Flow | -$1,801 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $133,498 | $39,499 | - | - | - | - | - | - | - | - |
Closing Costs | - | $27,774 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $5,095 | $9,066 | $9,502 | $9,959 | $10,437 | $10,939 | $11,465 | $12,016 | $12,594 |
Total | $133,498 | $72,368 | $9,066 | $9,502 | $9,959 | $10,437 | $10,939 | $11,465 | $12,016 | $12,594 |
Cash Invested | $133,498 | $205,866 | $214,933 | $224,435 | $234,395 | $244,832 | $255,772 | $267,237 | $279,254 | $291,848 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $13,359 | $23,477 | $24,486 | $25,539 | $26,637 | $27,783 | $28,977 | $30,224 | $31,523 |
Operating Expenses | - | -$5,378 | -$9,355 | -$9,592 | -$9,836 | -$10,087 | -$10,346 | -$10,611 | -$10,885 | -$11,167 |
Mortgage Payment | - | -$20,593 | -$35,302 | -$35,302 | -$35,302 | -$35,302 | -$35,302 | -$35,302 | -$35,302 | -$35,302 |
Net Cash Flow | - | -$12,611 | -$21,181 | -$20,408 | -$19,599 | -$18,752 | -$17,865 | -$16,936 | -$15,964 | -$14,946 |
Returns | ||||||||||
Property Price Appreciation | $36,999 | $38,849 | $40,791 | $42,831 | $44,973 | $47,221 | $49,582 | $52,062 | $54,665 | $57,398 |
Mortgage Paydown | - | $5,095 | $9,066 | $9,502 | $9,959 | $10,437 | $10,939 | $11,465 | $12,016 | $12,594 |
Net Cash Flow | - | -$12,611 | -$21,181 | -$20,408 | -$19,599 | -$18,752 | -$17,865 | -$16,936 | -$15,964 | -$14,946 |
Total Return | $36,999 | $31,333 | $28,677 | $31,925 | $35,332 | $38,907 | $42,657 | $46,590 | $50,717 | $55,045 |
Cumulative Return | $36,999 | $68,332 | $97,010 | $128,935 | $164,268 | $203,175 | $245,832 | $292,423 | $343,140 | $398,186 |
Investment Metrics | ||||||||||
Cumulative ROI | 27.7% | 33.2% | 45.1% | 57.4% | 70.1% | 83.0% | 96.1% | 109.4% | 122.9% | 136.4% |
Cash On Cash | - | -6.1% | -9.9% | -9.1% | -8.4% | -7.7% | -7.0% | -6.3% | -5.7% | -5.1% |
19.28%
Price change (1 year)
65.02%
Price change (5 years)