Kingsley Square - 693 Davis Dr - b803_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 % | $184,016 |
Mortgage Amount | $736,064 |
Mortgage Payment % | $3,819 |
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 | $1,019 |
Net Operating Income | $1,230 |
Debt Service | |
Mortgage Payment | $3,819 |
Net Cash Flow | -$2,588 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $92,008 | - | - | - | - | - | - | - | - | - |
Closing Costs | $123,384 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $8,538 | $11,862 | $12,432 | $13,030 | $13,656 | $14,313 | $15,001 | $15,722 | $16,477 | $17,269 |
Total | $223,930 | $11,862 | $12,432 | $13,030 | $13,656 | $14,313 | $15,001 | $15,722 | $16,477 | $17,269 |
Cash Invested | $223,930 | $235,793 | $248,226 | $261,256 | $274,913 | $289,226 | $304,227 | $319,950 | $336,427 | $353,697 |
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 | -$9,172 | -$12,456 | -$12,764 | -$13,081 | -$13,407 | -$13,743 | -$14,087 | -$14,442 | -$14,807 | -$15,183 |
Mortgage Payment | -$34,372 | -$45,829 | -$45,829 | -$45,829 | -$45,829 | -$45,829 | -$45,829 | -$45,829 | -$45,829 | -$45,829 |
Net Cash Flow | -$23,296 | -$30,417 | -$29,527 | -$28,594 | -$27,617 | -$26,592 | -$25,519 | -$24,395 | -$23,217 | -$21,983 |
Returns | ||||||||||
Property Price Appreciation | $46,004 | $48,304 | $50,719 | $53,255 | $55,918 | $58,714 | $61,649 | $64,732 | $67,968 | $71,367 |
Mortgage Paydown | $8,538 | $11,862 | $12,432 | $13,030 | $13,656 | $14,313 | $15,001 | $15,722 | $16,477 | $17,269 |
Net Cash Flow | -$23,296 | -$30,417 | -$29,527 | -$28,594 | -$27,617 | -$26,592 | -$25,519 | -$24,395 | -$23,217 | -$21,983 |
Total Return | $31,246 | $29,749 | $33,624 | $37,691 | $41,957 | $46,434 | $51,131 | $56,059 | $61,229 | $66,653 |
Cumulative Return | $31,246 | $60,995 | $94,620 | $132,311 | $174,269 | $220,704 | $271,835 | $327,895 | $389,124 | $455,777 |
Investment Metrics | ||||||||||
Cumulative ROI | 14.0% | 25.9% | 38.1% | 50.6% | 63.4% | 76.3% | 89.4% | 102.5% | 115.7% | 128.9% |
Cash On Cash | -10.4% | -12.9% | -11.9% | -10.9% | -10.0% | -9.2% | -8.4% | -7.6% | -6.9% | -6.2% |
-0.72%
Price change (1 year)
43.13%
Price change (5 years)