Cliffside Condos - 2340 Kingston Rd - 1b_t5 - Toronto, ON, M1N 1V2
1.0 Beds
1 Bath
524 sqft
1.0 Beds
1 Bath
524 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $126,998 |
Mortgage Amount | $507,992 |
Mortgage Payment % | $2,635 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,021 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $624 |
Net Operating Income | $397 |
Debt Service | |
Mortgage Payment | $2,635 |
Net Cash Flow | -$2,238 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $63,497 | $47,623 | $15,874 | - | - | - | - | - | - | - |
Closing Costs | - | $34,853 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $644 | $7,934 | $8,316 | $8,715 | $9,134 | $9,573 | $10,034 | $10,516 | $11,021 |
Total | $63,497 | $83,120 | $23,808 | $8,316 | $8,715 | $9,134 | $9,573 | $10,034 | $10,516 | $11,021 |
Cash Invested | $63,497 | $146,617 | $170,426 | $178,742 | $187,458 | $196,593 | $206,167 | $216,201 | $226,717 | $237,739 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $1,021 | $12,305 | $12,834 | $13,386 | $13,962 | $14,562 | $15,188 | $15,841 | $16,523 |
Operating Expenses | - | -$624 | -$7,506 | -$7,683 | -$7,864 | -$8,049 | -$8,240 | -$8,436 | -$8,637 | -$8,843 |
Mortgage Payment | - | -$2,635 | -$31,629 | -$31,629 | -$31,629 | -$31,629 | -$31,629 | -$31,629 | -$31,629 | -$31,629 |
Net Cash Flow | - | -$2,238 | -$26,830 | -$26,477 | -$26,106 | -$25,716 | -$25,307 | -$24,876 | -$24,424 | -$23,949 |
Returns | ||||||||||
Property Price Appreciation | $31,749 | $33,336 | $35,003 | $36,754 | $38,591 | $40,521 | $42,547 | $44,674 | $46,908 | $49,253 |
Mortgage Paydown | - | $644 | $7,934 | $8,316 | $8,715 | $9,134 | $9,573 | $10,034 | $10,516 | $11,021 |
Net Cash Flow | - | -$2,238 | -$26,830 | -$26,477 | -$26,106 | -$25,716 | -$25,307 | -$24,876 | -$24,424 | -$23,949 |
Total Return | $31,749 | $31,743 | $16,108 | $18,592 | $21,200 | $23,939 | $26,814 | $29,832 | $33,000 | $36,325 |
Cumulative Return | $31,749 | $63,492 | $79,600 | $98,193 | $119,394 | $143,333 | $170,147 | $199,979 | $232,980 | $269,306 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 43.3% | 46.7% | 54.9% | 63.7% | 72.9% | 82.5% | 92.5% | 102.8% | 113.3% |
Cash On Cash | - | -1.5% | -15.7% | -14.8% | -13.9% | -13.1% | -12.3% | -11.5% | -10.8% | -10.1% |