Curio Condos - 801 The Queensway - 920 - Toronto, ON, M8Z 1N4
1.5 Beds
2 Baths
608 sqft
1.5 Beds
2 Baths
608 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $148,398 |
Mortgage Amount | $593,592 |
Mortgage Payment % | $3,079 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,769 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $768 |
Net Operating Income | $1,000 |
Debt Service | |
Mortgage Payment | $3,079 |
Net Cash Flow | -$2,079 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $74,198 | - | - | - | - | - | - | - | - | - |
Closing Costs | $113,329 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $6,885 | $9,566 | $10,026 | $10,508 | $11,013 | $11,542 | $12,097 | $12,678 | $13,288 | $13,927 |
Total | $194,412 | $9,566 | $10,026 | $10,508 | $11,013 | $11,542 | $12,097 | $12,678 | $13,288 | $13,927 |
Cash Invested | $194,412 | $203,979 | $214,005 | $224,514 | $235,527 | $247,070 | $259,168 | $271,847 | $285,135 | $299,062 |
Rental Cash Flows | ||||||||||
Rent and other income | $15,923 | $21,916 | $22,858 | $23,841 | $24,866 | $25,935 | $27,051 | $28,214 | $29,427 | $30,692 |
Operating Expenses | -$6,918 | -$9,396 | -$9,631 | -$9,872 | -$10,120 | -$10,376 | -$10,639 | -$10,909 | -$11,188 | -$11,474 |
Mortgage Payment | -$27,719 | -$36,958 | -$36,958 | -$36,958 | -$36,958 | -$36,958 | -$36,958 | -$36,958 | -$36,958 | -$36,958 |
Net Cash Flow | -$18,713 | -$24,439 | -$23,731 | -$22,990 | -$22,213 | -$21,399 | -$20,547 | -$19,654 | -$18,719 | -$17,740 |
Returns | ||||||||||
Property Price Appreciation | $37,099 | $38,954 | $40,902 | $42,947 | $45,094 | $47,349 | $49,716 | $52,202 | $54,812 | $57,553 |
Mortgage Paydown | $6,885 | $9,566 | $10,026 | $10,508 | $11,013 | $11,542 | $12,097 | $12,678 | $13,288 | $13,927 |
Net Cash Flow | -$18,713 | -$24,439 | -$23,731 | -$22,990 | -$22,213 | -$21,399 | -$20,547 | -$19,654 | -$18,719 | -$17,740 |
Total Return | $25,271 | $24,081 | $27,197 | $30,465 | $33,894 | $37,492 | $41,267 | $45,227 | $49,381 | $53,739 |
Cumulative Return | $25,271 | $49,353 | $76,550 | $107,016 | $140,911 | $178,403 | $219,671 | $264,898 | $314,280 | $368,020 |
Investment Metrics | ||||||||||
Cumulative ROI | 13.0% | 24.2% | 35.8% | 47.7% | 59.8% | 72.2% | 84.8% | 97.4% | 110.2% | 123.1% |
Cash On Cash | -9.6% | -12.0% | -11.1% | -10.2% | -9.4% | -8.7% | -7.9% | -7.2% | -6.6% | -5.9% |