1515 Pickering Parkway Condos - 1513 Pickering Pkwy - 1305_e604 - Pickering, ON, L1V 7G5
2.0 Beds
2 Baths
604 sqft
2.0 Beds
2 Baths
604 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $134,798 |
Mortgage Amount | $539,192 |
Mortgage Payment % | $2,797 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,472 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $720 |
Net Operating Income | $751 |
Debt Service | |
Mortgage Payment | $2,797 |
Net Cash Flow | -$2,046 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $67,396 | $16,849 | $50,548 | - | - | - | - | - | - | - |
Closing Costs | - | - | $26,459 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $1,371 | $8,455 | $8,861 | $9,287 | $9,733 | $10,201 | $10,692 | $11,205 |
Total | $67,396 | $16,849 | $78,378 | $8,455 | $8,861 | $9,287 | $9,733 | $10,201 | $10,692 | $11,205 |
Cash Invested | $67,396 | $84,245 | $162,623 | $171,078 | $179,939 | $189,227 | $198,960 | $209,162 | $219,854 | $231,060 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $2,944 | $17,793 | $18,558 | $19,356 | $20,189 | $21,057 | $21,962 | $22,907 |
Operating Expenses | - | - | -$1,441 | -$8,682 | -$8,894 | -$9,111 | -$9,335 | -$9,564 | -$9,800 | -$10,043 |
Mortgage Payment | - | - | -$5,595 | -$33,571 | -$33,571 | -$33,571 | -$33,571 | -$33,571 | -$33,571 | -$33,571 |
Net Cash Flow | - | - | -$4,092 | -$24,461 | -$23,907 | -$23,326 | -$22,717 | -$22,079 | -$21,409 | -$20,707 |
Returns | ||||||||||
Property Price Appreciation | $33,699 | $35,384 | $37,153 | $39,011 | $40,961 | $43,010 | $45,160 | $47,418 | $49,789 | $52,278 |
Mortgage Paydown | - | - | $1,371 | $8,455 | $8,861 | $9,287 | $9,733 | $10,201 | $10,692 | $11,205 |
Net Cash Flow | - | - | -$4,092 | -$24,461 | -$23,907 | -$23,326 | -$22,717 | -$22,079 | -$21,409 | -$20,707 |
Total Return | $33,699 | $35,384 | $34,432 | $23,005 | $25,916 | $28,970 | $32,176 | $35,541 | $39,071 | $42,777 |
Cumulative Return | $33,699 | $69,083 | $103,516 | $126,522 | $152,438 | $181,408 | $213,585 | $249,126 | $288,198 | $330,975 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 63.7% | 74.0% | 84.7% | 95.9% | 107.4% | 119.1% | 131.1% | 143.2% |
Cash On Cash | - | - | -2.5% | -14.3% | -13.3% | -12.3% | -11.4% | -10.6% | -9.7% | -9.0% |
-2.78%
Price change (1 year)
39.06%
Price change (5 years)
-3.23%
Price change (1 year)
38.27%
Price change (5 years)