The Highmark - 1640 Kingston Rd - 1202b - Pickering, ON, L1V 1C3
2.0 Beds
2 Baths
710 sqft
2.0 Beds
2 Baths
710 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $161,398 |
Mortgage Amount | $645,592 |
Mortgage Payment % | $3,349 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,730 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $779 |
Net Operating Income | $950 |
Debt Service | |
Mortgage Payment | $3,349 |
Net Cash Flow | -$2,398 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $100,871 | $20,174 | $40,349 | - | - | - | - | - | - | - |
Closing Costs | - | - | $29,118 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $4,963 | $10,283 | $10,777 | $11,295 | $11,838 | $12,407 | $13,003 | $13,628 |
Total | $100,871 | $20,174 | $74,430 | $10,283 | $10,777 | $11,295 | $11,838 | $12,407 | $13,003 | $13,628 |
Cash Invested | $100,871 | $121,045 | $195,475 | $205,758 | $216,536 | $227,831 | $239,670 | $252,077 | $265,081 | $278,710 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $10,383 | $21,214 | $22,126 | $23,077 | $24,069 | $25,104 | $26,184 | $27,310 |
Operating Expenses | - | - | -$4,677 | -$9,471 | -$9,705 | -$9,946 | -$10,194 | -$10,449 | -$10,712 | -$10,982 |
Mortgage Payment | - | - | -$20,098 | -$40,196 | -$40,196 | -$40,196 | -$40,196 | -$40,196 | -$40,196 | -$40,196 |
Net Cash Flow | - | - | -$14,392 | -$28,453 | -$27,776 | -$27,065 | -$26,321 | -$25,541 | -$24,724 | -$23,868 |
Returns | ||||||||||
Property Price Appreciation | $40,349 | $42,366 | $44,485 | $46,709 | $49,045 | $51,497 | $54,072 | $56,775 | $59,614 | $62,595 |
Mortgage Paydown | - | - | $4,963 | $10,283 | $10,777 | $11,295 | $11,838 | $12,407 | $13,003 | $13,628 |
Net Cash Flow | - | - | -$14,392 | -$28,453 | -$27,776 | -$27,065 | -$26,321 | -$25,541 | -$24,724 | -$23,868 |
Total Return | $40,349 | $42,366 | $35,056 | $28,538 | $32,046 | $35,726 | $39,589 | $43,641 | $47,894 | $52,355 |
Cumulative Return | $40,349 | $82,716 | $117,772 | $146,311 | $178,358 | $214,085 | $253,674 | $297,316 | $345,210 | $397,566 |
Investment Metrics | ||||||||||
Cumulative ROI | 40.0% | 68.3% | 60.2% | 71.1% | 82.4% | 94.0% | 105.8% | 117.9% | 130.2% | 142.6% |
Cash On Cash | - | - | -7.4% | -13.8% | -12.8% | -11.9% | -11.0% | -10.1% | -9.3% | -8.6% |
7.79%
Price change (1 year)
18.64%
Price change (5 years)