The Highmark - 1640 Kingston Rd - 408b - Pickering, ON, L1V 1C3
2.0 Beds
2 Baths
597 sqft
2.0 Beds
2 Baths
597 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $133,398 |
Mortgage Amount | $533,592 |
Mortgage Payment % | $2,768 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,455 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $652 |
Net Operating Income | $802 |
Debt Service | |
Mortgage Payment | $2,768 |
Net Cash Flow | -$1,965 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $83,371 | $16,674 | $33,349 | - | - | - | - | - | - | - |
Closing Costs | - | - | $26,318 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $4,102 | $8,499 | $8,907 | $9,335 | $9,784 | $10,254 | $10,747 | $11,264 |
Total | $83,371 | $16,674 | $63,769 | $8,499 | $8,907 | $9,335 | $9,784 | $10,254 | $10,747 | $11,264 |
Cash Invested | $83,371 | $100,045 | $163,814 | $172,313 | $181,221 | $190,557 | $200,342 | $210,596 | $221,344 | $232,609 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $8,731 | $17,837 | $18,604 | $19,404 | $20,239 | $21,109 | $22,017 | $22,963 |
Operating Expenses | - | - | -$3,915 | -$7,927 | -$8,123 | -$8,325 | -$8,533 | -$8,747 | -$8,967 | -$9,193 |
Mortgage Payment | - | - | -$16,611 | -$33,223 | -$33,223 | -$33,223 | -$33,223 | -$33,223 | -$33,223 | -$33,223 |
Net Cash Flow | - | - | -$11,795 | -$23,312 | -$22,742 | -$22,144 | -$21,517 | -$20,860 | -$20,173 | -$19,452 |
Returns | ||||||||||
Property Price Appreciation | $33,349 | $35,016 | $36,767 | $38,606 | $40,536 | $42,563 | $44,691 | $46,926 | $49,272 | $51,736 |
Mortgage Paydown | - | - | $4,102 | $8,499 | $8,907 | $9,335 | $9,784 | $10,254 | $10,747 | $11,264 |
Net Cash Flow | - | - | -$11,795 | -$23,312 | -$22,742 | -$22,144 | -$21,517 | -$20,860 | -$20,173 | -$19,452 |
Total Return | $33,349 | $35,016 | $29,074 | $23,792 | $26,702 | $29,755 | $32,958 | $36,320 | $39,847 | $43,548 |
Cumulative Return | $33,349 | $68,366 | $97,440 | $121,233 | $147,935 | $177,690 | $210,649 | $246,969 | $286,816 | $330,364 |
Investment Metrics | ||||||||||
Cumulative ROI | 40.0% | 68.3% | 59.5% | 70.4% | 81.6% | 93.2% | 105.1% | 117.3% | 129.6% | 142.0% |
Cash On Cash | - | - | -7.2% | -13.5% | -12.5% | -11.6% | -10.7% | -9.9% | -9.1% | -8.4% |
1.05%
Price change (1 year)
50.75%
Price change (5 years)