1515 Pickering Parkway Condos - 1513 Pickering Pkwy - 1304_e659bf - Pickering, ON, L1V 7G5
2.0 Beds
2 Baths
659 sqft
2.0 Beds
2 Baths
659 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $140,998 |
Mortgage Amount | $563,992 |
Mortgage Payment % | $2,926 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,606 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $778 |
Net Operating Income | $827 |
Debt Service | |
Mortgage Payment | $2,926 |
Net Cash Flow | -$2,098 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $70,496 | $17,624 | $52,873 | - | - | - | - | - | - | - |
Closing Costs | - | - | $27,079 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $1,434 | $8,844 | $9,269 | $9,714 | $10,181 | $10,670 | $11,183 | $11,721 |
Total | $70,496 | $17,624 | $81,386 | $8,844 | $9,269 | $9,714 | $10,181 | $10,670 | $11,183 | $11,721 |
Cash Invested | $70,496 | $88,120 | $169,506 | $178,350 | $187,619 | $197,333 | $207,515 | $218,186 | $229,370 | $241,091 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $3,212 | $19,413 | $20,248 | $21,119 | $22,027 | $22,974 | $23,962 | $24,993 |
Operating Expenses | - | - | -$1,557 | -$9,385 | -$9,614 | -$9,850 | -$10,091 | -$10,340 | -$10,596 | -$10,858 |
Mortgage Payment | - | - | -$5,852 | -$35,115 | -$35,115 | -$35,115 | -$35,115 | -$35,115 | -$35,115 | -$35,115 |
Net Cash Flow | - | - | -$4,197 | -$25,087 | -$24,481 | -$23,846 | -$23,180 | -$22,481 | -$21,749 | -$20,981 |
Returns | ||||||||||
Property Price Appreciation | $35,249 | $37,011 | $38,862 | $40,805 | $42,845 | $44,988 | $47,237 | $49,599 | $52,079 | $54,683 |
Mortgage Paydown | - | - | $1,434 | $8,844 | $9,269 | $9,714 | $10,181 | $10,670 | $11,183 | $11,721 |
Net Cash Flow | - | - | -$4,197 | -$25,087 | -$24,481 | -$23,846 | -$23,180 | -$22,481 | -$21,749 | -$20,981 |
Total Return | $35,249 | $37,011 | $36,098 | $24,561 | $27,633 | $30,856 | $34,239 | $37,788 | $41,514 | $45,423 |
Cumulative Return | $35,249 | $72,261 | $108,360 | $132,922 | $160,555 | $191,411 | $225,650 | $263,439 | $304,953 | $350,377 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 63.9% | 74.5% | 85.6% | 97.0% | 108.7% | 120.7% | 133.0% | 145.3% |
Cash On Cash | - | - | -2.5% | -14.1% | -13.0% | -12.1% | -11.2% | -10.3% | -9.5% | -8.7% |
3.28%
Price change (1 year)
58.81%
Price change (5 years)