Pickering City Centre Condos - 1355 Kingston Rd Unit 72 - 312_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 % | $96,400 |
Mortgage Amount | $385,600 |
Mortgage Payment % | $2,000 |
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 | $2,000 |
Net Cash Flow | -$1,683 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $60,250 | $36,150 | - | - | - | - | - | - | - | - |
Closing Costs | $22,615 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $489 | $6,023 | $6,312 | $6,615 | $6,933 | $7,267 | $7,616 | $7,982 | $8,366 | $8,768 |
Total | $83,354 | $42,173 | $6,312 | $6,615 | $6,933 | $7,267 | $7,616 | $7,982 | $8,366 | $8,768 |
Cash Invested | $83,354 | $125,527 | $131,839 | $138,455 | $145,389 | $152,656 | $160,273 | $168,255 | $176,622 | $185,390 |
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 | -$2,000 | -$24,008 | -$24,008 | -$24,008 | -$24,008 | -$24,008 | -$24,008 | -$24,008 | -$24,008 | -$24,008 |
Net Cash Flow | -$1,683 | -$20,179 | -$19,883 | -$19,573 | -$19,246 | -$18,903 | -$18,542 | -$18,163 | -$17,764 | -$17,346 |
Returns | ||||||||||
Property Price Appreciation | $24,100 | $25,304 | $26,570 | $27,898 | $29,293 | $30,758 | $32,296 | $33,911 | $35,606 | $37,387 |
Mortgage Paydown | $489 | $6,023 | $6,312 | $6,615 | $6,933 | $7,267 | $7,616 | $7,982 | $8,366 | $8,768 |
Net Cash Flow | -$1,683 | -$20,179 | -$19,883 | -$19,573 | -$19,246 | -$18,903 | -$18,542 | -$18,163 | -$17,764 | -$17,346 |
Total Return | $22,905 | $11,148 | $12,998 | $14,941 | $16,980 | $19,122 | $21,370 | $23,730 | $26,207 | $28,808 |
Cumulative Return | $22,905 | $34,054 | $47,053 | $61,994 | $78,975 | $98,097 | $119,467 | $143,198 | $169,406 | $198,214 |
Investment Metrics | ||||||||||
Cumulative ROI | 27.5% | 27.1% | 35.7% | 44.8% | 54.3% | 64.3% | 74.5% | 85.1% | 95.9% | 106.9% |
Cash On Cash | -2.0% | -16.1% | -15.1% | -14.1% | -13.2% | -12.4% | -11.6% | -10.8% | -10.1% | -9.4% |