1515 Pickering Parkway Condos - 1513 Pickering Pkwy - 1311_e620 - Pickering, ON, L1V 7G5
2.0 Beds
2 Baths
620 sqft
2.0 Beds
2 Baths
620 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $137,998 |
Mortgage Amount | $551,992 |
Mortgage Payment % | $2,864 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,511 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $739 |
Net Operating Income | $771 |
Debt Service | |
Mortgage Payment | $2,864 |
Net Cash Flow | -$2,092 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $68,996 | $17,249 | $51,748 | - | - | - | - | - | - | - |
Closing Costs | - | - | $26,779 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $1,403 | $8,655 | $9,071 | $9,507 | $9,964 | $10,443 | $10,945 | $11,471 |
Total | $68,996 | $17,249 | $79,930 | $8,655 | $9,071 | $9,507 | $9,964 | $10,443 | $10,945 | $11,471 |
Cash Invested | $68,996 | $86,245 | $166,175 | $174,831 | $183,903 | $193,411 | $203,376 | $213,819 | $224,765 | $236,237 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $3,022 | $18,264 | $19,050 | $19,869 | $20,723 | $21,615 | $22,544 | $23,513 |
Operating Expenses | - | - | -$1,478 | -$8,907 | -$9,124 | -$9,347 | -$9,576 | -$9,812 | -$10,054 | -$10,303 |
Mortgage Payment | - | - | -$5,728 | -$34,368 | -$34,368 | -$34,368 | -$34,368 | -$34,368 | -$34,368 | -$34,368 |
Net Cash Flow | - | - | -$4,184 | -$25,011 | -$24,442 | -$23,846 | -$23,221 | -$22,565 | -$21,878 | -$21,158 |
Returns | ||||||||||
Property Price Appreciation | $34,499 | $36,224 | $38,035 | $39,937 | $41,934 | $44,031 | $46,232 | $48,544 | $50,971 | $53,520 |
Mortgage Paydown | - | - | $1,403 | $8,655 | $9,071 | $9,507 | $9,964 | $10,443 | $10,945 | $11,471 |
Net Cash Flow | - | - | -$4,184 | -$25,011 | -$24,442 | -$23,846 | -$23,221 | -$22,565 | -$21,878 | -$21,158 |
Total Return | $34,499 | $36,224 | $35,255 | $23,582 | $26,563 | $29,692 | $32,976 | $36,422 | $40,038 | $43,833 |
Cumulative Return | $34,499 | $70,723 | $105,979 | $129,561 | $156,124 | $185,816 | $218,792 | $255,215 | $295,254 | $339,087 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 63.8% | 74.1% | 84.9% | 96.1% | 107.6% | 119.4% | 131.4% | 143.5% |
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)