South Forest Hill Residences - 63 Montclair Ave - 105_montclair_608 - Toronto, ON, M5P 1P5
1.0 Beds
1 Bath
608 sqft
1.0 Beds
1 Bath
608 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $194,198 |
Mortgage Amount | $776,792 |
Mortgage Payment % | $4,030 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,185 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $770 |
Net Operating Income | $414 |
Debt Service | |
Mortgage Payment | $4,030 |
Net Cash Flow | -$3,615 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $169,921 | $24,274 | - | - | - | - | - | - | - | - |
Closing Costs | $48,292 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $985 | $12,133 | $12,716 | $13,327 | $13,968 | $14,639 | $15,343 | $16,080 | $16,853 | $17,663 |
Total | $219,198 | $36,407 | $12,716 | $13,327 | $13,968 | $14,639 | $15,343 | $16,080 | $16,853 | $17,663 |
Cash Invested | $219,198 | $255,606 | $268,322 | $281,650 | $295,618 | $310,258 | $325,602 | $341,682 | $358,536 | $376,200 |
Rental Cash Flows | ||||||||||
Rent and other income | $1,185 | $14,278 | $14,892 | $15,532 | $16,200 | $16,897 | $17,623 | $18,381 | $19,171 | $19,996 |
Operating Expenses | -$770 | -$9,269 | -$9,485 | -$9,706 | -$9,933 | -$10,166 | -$10,405 | -$10,651 | -$10,903 | -$11,162 |
Mortgage Payment | -$4,030 | -$48,365 | -$48,365 | -$48,365 | -$48,365 | -$48,365 | -$48,365 | -$48,365 | -$48,365 | -$48,365 |
Net Cash Flow | -$3,615 | -$43,356 | -$42,958 | -$42,539 | -$42,098 | -$41,635 | -$41,147 | -$40,635 | -$40,097 | -$39,531 |
Returns | ||||||||||
Property Price Appreciation | $48,549 | $50,976 | $53,525 | $56,202 | $59,012 | $61,962 | $65,060 | $68,314 | $71,729 | $75,316 |
Mortgage Paydown | $985 | $12,133 | $12,716 | $13,327 | $13,968 | $14,639 | $15,343 | $16,080 | $16,853 | $17,663 |
Net Cash Flow | -$3,615 | -$43,356 | -$42,958 | -$42,539 | -$42,098 | -$41,635 | -$41,147 | -$40,635 | -$40,097 | -$39,531 |
Total Return | $45,919 | $19,753 | $23,284 | $26,990 | $30,882 | $34,967 | $39,256 | $43,759 | $48,486 | $53,448 |
Cumulative Return | $45,919 | $65,673 | $88,957 | $115,947 | $146,829 | $181,797 | $221,053 | $264,813 | $313,299 | $366,748 |
Investment Metrics | ||||||||||
Cumulative ROI | 20.9% | 25.7% | 33.2% | 41.2% | 49.7% | 58.6% | 67.9% | 77.5% | 87.4% | 97.5% |
Cash On Cash | -1.6% | -17.0% | -16.0% | -15.1% | -14.2% | -13.4% | -12.6% | -11.9% | -11.2% | -10.5% |