Kingsley Square - 693 Davis Dr - b1003_2j - Newmarket, ON, L3Y 2R2
2.0 Beds
2 Baths
923 sqft
2.0 Beds
2 Baths
923 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $184,816 |
Mortgage Amount | $739,264 |
Mortgage Payment % | $3,835 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $2,249 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $1,020 |
Net Operating Income | $1,229 |
Debt Service | |
Mortgage Payment | $3,835 |
Net Cash Flow | -$2,606 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $92,408 | - | - | - | - | - | - | - | - | - |
Closing Costs | $123,864 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $8,575 | $11,914 | $12,486 | $13,087 | $13,716 | $14,375 | $15,066 | $15,790 | $16,549 | $17,344 |
Total | $224,847 | $11,914 | $12,486 | $13,087 | $13,716 | $14,375 | $15,066 | $15,790 | $16,549 | $17,344 |
Cash Invested | $224,847 | $236,762 | $249,249 | $262,336 | $276,052 | $290,427 | $305,494 | $321,284 | $337,834 | $355,179 |
Rental Cash Flows | ||||||||||
Rent and other income | $20,248 | $27,868 | $29,066 | $30,316 | $31,620 | $32,979 | $34,398 | $35,877 | $37,419 | $39,028 |
Operating Expenses | -$9,181 | -$12,468 | -$12,777 | -$13,094 | -$13,420 | -$13,756 | -$14,101 | -$14,456 | -$14,821 | -$15,197 |
Mortgage Payment | -$34,521 | -$46,028 | -$46,028 | -$46,028 | -$46,028 | -$46,028 | -$46,028 | -$46,028 | -$46,028 | -$46,028 |
Net Cash Flow | -$23,454 | -$30,628 | -$29,739 | -$28,806 | -$27,829 | -$26,805 | -$25,732 | -$24,607 | -$23,430 | -$22,197 |
Returns | ||||||||||
Property Price Appreciation | $46,204 | $48,514 | $50,939 | $53,486 | $56,161 | $58,969 | $61,917 | $65,013 | $68,264 | $71,677 |
Mortgage Paydown | $8,575 | $11,914 | $12,486 | $13,087 | $13,716 | $14,375 | $15,066 | $15,790 | $16,549 | $17,344 |
Net Cash Flow | -$23,454 | -$30,628 | -$29,739 | -$28,806 | -$27,829 | -$26,805 | -$25,732 | -$24,607 | -$23,430 | -$22,197 |
Total Return | $31,325 | $29,799 | $33,687 | $37,767 | $42,048 | $46,539 | $51,252 | $56,196 | $61,383 | $66,825 |
Cumulative Return | $31,325 | $61,124 | $94,812 | $132,579 | $174,628 | $221,167 | $272,420 | $328,616 | $389,999 | $456,824 |
Investment Metrics | ||||||||||
Cumulative ROI | 13.9% | 25.8% | 38.0% | 50.5% | 63.3% | 76.2% | 89.2% | 102.3% | 115.4% | 128.6% |
Cash On Cash | -10.4% | -12.9% | -11.9% | -11.0% | -10.1% | -9.2% | -8.4% | -7.7% | -6.9% | -6.2% |