1515 Pickering Parkway Condos - 1513 Pickering Pkwy - 1315_d546 - Pickering, ON, L1V 7G5
1.5 Beds
2 Baths
546 sqft
1.5 Beds
2 Baths
546 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $119,998 |
Mortgage Amount | $479,992 |
Mortgage Payment % | $2,490 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,588 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $674 |
Net Operating Income | $914 |
Debt Service | |
Mortgage Payment | $2,490 |
Net Cash Flow | -$1,575 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $59,996 | $14,999 | $44,998 | - | - | - | - | - | - | - |
Closing Costs | - | - | $24,979 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $1,220 | $7,526 | $7,888 | $8,267 | $8,665 | $9,081 | $9,518 | $9,975 |
Total | $59,996 | $14,999 | $71,197 | $7,526 | $7,888 | $8,267 | $8,665 | $9,081 | $9,518 | $9,975 |
Cash Invested | $59,996 | $74,995 | $146,192 | $153,719 | $161,607 | $169,875 | $178,540 | $187,622 | $197,140 | $207,115 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $3,177 | $19,202 | $20,028 | $20,889 | $21,788 | $22,725 | $23,702 | $24,721 |
Operating Expenses | - | - | -$1,348 | -$8,123 | -$8,327 | -$8,536 | -$8,751 | -$8,973 | -$9,201 | -$9,435 |
Mortgage Payment | - | - | -$4,980 | -$29,885 | -$29,885 | -$29,885 | -$29,885 | -$29,885 | -$29,885 | -$29,885 |
Net Cash Flow | - | - | -$3,151 | -$18,806 | -$18,184 | -$17,532 | -$16,849 | -$16,133 | -$15,384 | -$14,600 |
Returns | ||||||||||
Property Price Appreciation | $29,999 | $31,499 | $33,074 | $34,728 | $36,464 | $38,287 | $40,202 | $42,212 | $44,322 | $46,539 |
Mortgage Paydown | - | - | $1,220 | $7,526 | $7,888 | $8,267 | $8,665 | $9,081 | $9,518 | $9,975 |
Net Cash Flow | - | - | -$3,151 | -$18,806 | -$18,184 | -$17,532 | -$16,849 | -$16,133 | -$15,384 | -$14,600 |
Total Return | $29,999 | $31,499 | $31,143 | $23,448 | $26,168 | $29,023 | $32,018 | $35,159 | $38,456 | $41,914 |
Cumulative Return | $29,999 | $61,498 | $92,642 | $116,090 | $142,259 | $171,283 | $203,301 | $238,461 | $276,917 | $318,831 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 63.4% | 75.5% | 88.0% | 100.8% | 113.9% | 127.1% | 140.5% | 153.9% |
Cash On Cash | - | - | -2.2% | -12.2% | -11.3% | -10.3% | -9.4% | -8.6% | -7.8% | -7.0% |