The Highmark - 1640 Kingston Rd - 709a - Pickering, ON, L1V 1C3
1.0 Beds
1 Bath
490 sqft
1.0 Beds
1 Bath
490 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $120,398 |
Mortgage Amount | $481,592 |
Mortgage Payment % | $2,498 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $955 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $527 |
Net Operating Income | $428 |
Debt Service | |
Mortgage Payment | $2,498 |
Net Cash Flow | -$2,070 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $75,246 | $15,049 | $30,099 | - | - | - | - | - | - | - |
Closing Costs | - | - | $25,018 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $3,702 | $7,670 | $8,039 | $8,426 | $8,831 | $9,255 | $9,700 | $10,166 |
Total | $75,246 | $15,049 | $58,819 | $7,670 | $8,039 | $8,426 | $8,831 | $9,255 | $9,700 | $10,166 |
Cash Invested | $75,246 | $90,295 | $149,114 | $156,785 | $164,825 | $173,251 | $182,082 | $191,338 | $201,038 | $211,205 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $5,733 | $11,712 | $12,216 | $12,741 | $13,289 | $13,860 | $14,456 | $15,078 |
Operating Expenses | - | - | -$3,163 | -$6,403 | -$6,555 | -$6,713 | -$6,874 | -$7,040 | -$7,210 | -$7,385 |
Mortgage Payment | - | - | -$14,992 | -$29,985 | -$29,985 | -$29,985 | -$29,985 | -$29,985 | -$29,985 | -$29,985 |
Net Cash Flow | - | - | -$12,423 | -$24,675 | -$24,325 | -$23,956 | -$23,570 | -$23,164 | -$22,738 | -$22,292 |
Returns | ||||||||||
Property Price Appreciation | $30,099 | $31,604 | $33,184 | $34,843 | $36,586 | $38,415 | $40,336 | $42,353 | $44,470 | $46,694 |
Mortgage Paydown | - | - | $3,702 | $7,670 | $8,039 | $8,426 | $8,831 | $9,255 | $9,700 | $10,166 |
Net Cash Flow | - | - | -$12,423 | -$24,675 | -$24,325 | -$23,956 | -$23,570 | -$23,164 | -$22,738 | -$22,292 |
Total Return | $30,099 | $31,604 | $24,463 | $17,839 | $20,300 | $22,884 | $25,596 | $28,443 | $31,432 | $34,568 |
Cumulative Return | $30,099 | $61,703 | $86,167 | $104,006 | $124,307 | $147,192 | $172,788 | $201,232 | $232,665 | $267,234 |
Investment Metrics | ||||||||||
Cumulative ROI | 40.0% | 68.3% | 57.8% | 66.3% | 75.4% | 85.0% | 94.9% | 105.2% | 115.7% | 126.5% |
Cash On Cash | - | - | -8.3% | -15.7% | -14.8% | -13.8% | -12.9% | -12.1% | -11.3% | -10.6% |
1.05%
Price change (1 year)
50.75%
Price change (5 years)