Pickering City Centre Condos - 1355 Kingston Rd Unit 72 - 212_pcc2_446 - Pickering, ON, L1V 1B8
1.0 Beds
1 Bath
446 sqft
1.0 Beds
1 Bath
446 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $96,200 |
Mortgage Amount | $384,800 |
Mortgage Payment % | $1,996 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $869 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $552 |
Net Operating Income | $317 |
Debt Service | |
Mortgage Payment | $1,996 |
Net Cash Flow | -$1,679 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $60,125 | $36,075 | - | - | - | - | - | - | - | - |
Closing Costs | $22,595 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $488 | $6,010 | $6,299 | $6,602 | $6,919 | $7,252 | $7,600 | $7,966 | $8,348 | $8,750 |
Total | $83,208 | $42,085 | $6,299 | $6,602 | $6,919 | $7,252 | $7,600 | $7,966 | $8,348 | $8,750 |
Cash Invested | $83,208 | $125,293 | $131,593 | $138,195 | $145,114 | $152,367 | $159,967 | $167,933 | $176,282 | $185,032 |
Rental Cash Flows | ||||||||||
Rent and other income | $869 | $10,473 | $10,924 | $11,393 | $11,883 | $12,394 | $12,927 | $13,483 | $14,063 | $14,668 |
Operating Expenses | -$552 | -$6,644 | -$6,799 | -$6,958 | -$7,122 | -$7,289 | -$7,461 | -$7,638 | -$7,819 | -$8,006 |
Mortgage Payment | -$1,996 | -$23,958 | -$23,958 | -$23,958 | -$23,958 | -$23,958 | -$23,958 | -$23,958 | -$23,958 | -$23,958 |
Net Cash Flow | -$1,679 | -$20,129 | -$19,834 | -$19,523 | -$19,197 | -$18,853 | -$18,492 | -$18,113 | -$17,715 | -$17,296 |
Returns | ||||||||||
Property Price Appreciation | $24,050 | $25,252 | $26,515 | $27,840 | $29,232 | $30,694 | $32,229 | $33,840 | $35,532 | $37,309 |
Mortgage Paydown | $488 | $6,010 | $6,299 | $6,602 | $6,919 | $7,252 | $7,600 | $7,966 | $8,348 | $8,750 |
Net Cash Flow | -$1,679 | -$20,129 | -$19,834 | -$19,523 | -$19,197 | -$18,853 | -$18,492 | -$18,113 | -$17,715 | -$17,296 |
Total Return | $22,858 | $11,133 | $12,980 | $14,919 | $16,955 | $19,093 | $21,337 | $23,693 | $26,166 | $28,762 |
Cumulative Return | $22,858 | $33,992 | $46,972 | $61,892 | $78,847 | $97,940 | $119,277 | $142,971 | $169,137 | $197,900 |
Investment Metrics | ||||||||||
Cumulative ROI | 27.5% | 27.1% | 35.7% | 44.8% | 54.3% | 64.3% | 74.6% | 85.1% | 95.9% | 107.0% |
Cash On Cash | -2.0% | -16.1% | -15.1% | -14.1% | -13.2% | -12.4% | -11.6% | -10.8% | -10.0% | -9.3% |