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Quebec
Montréal (Villeray/Saint-Michel/Parc-Extension)
8163 Rue Berri

$529,000

8163 Rue Berri, Montréal (Villeray/Saint-Michel/Parc-Extension), QC, H2P 2G1

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MLS® # 28736254

1 Beds

1 Bath

661.0 FEETSQ sqft

Building Features:

Style: Apartment
Animal types:
Bathroom: Separate shower
Driveway: Paving stone
Kitchen Cabinets: Laminate
Parking: Driveway
Property or unit amenity: Air exchange system, Wall-mounted heat pump
Proximity: Hospital, Metro, Park, Bicycle path, Public transportation, University
Renovations: Electricity, Fenestration, Insulation, Roof covering
Roofing: Elastomeric membrane
Siding: Brick
Window Type: Guillotine
Windows: Aluminum, Wood
Heating System: Convection baseboards, Electric baseboard units
Heating Energy: Electricity
Water Supply: Municipality
Sewage System: Municipality

Taxes:

Municipal Tax: $1,645
School Tax: $201
Annual Tax Amount: $1,846

Expenses:

Condo Fees: $32 Monthly
Electric: $498

Property Features:

Bedrooms: 1
Bathrooms: 1
Built in: 1928
Floor Space (approx): 661.0 Square Feet
Zoning: RESI
No. of Parking Spaces: 1

Rooms:

Living - Irregular 2nd Level 3.58 m x 3.43 m Flooring: Other
Dining - Irregular 2nd Level 2.90 m x 2.44 m Flooring: Other
Kitchen - Irregular 2nd Level 3.78 m x 3.56 m Flooring: Other
Primary Bedroom - Irregular 2nd Level 4.14 m x 2.84 m Flooring: Other
Bathroom - Irregular 2nd Level 2.95 m x 1.17 m Flooring: Ceramic

Convert Measurement to:

Data provided by: Centris - 600 Ch Du Golf, Ile -Des -Soeurs, Quebec H3E 1A8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved.

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Notes:

Éric Leblanc

Courtier immobilier résidentiel et commercial Royal LePage Urbain , Real Estate Agency*

Mobile:514.762.0007

My Website

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Potential Investment Performance

Cumulative ROI

-27.0%

Cumulative Market Appreciation

-$5,006

Net Operating Income in Year 5

$13,177

Cash on Cash Return in Year 5

-9.2%

Assumptions

Market Appreciation Per Year

Rent Increase Per Year

Expense Increase Per Year

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price	$
Down Payment %	$105,800
Mortgage Amount	$423,200
Mortgage Payment %	$2,195

Cash Flow Calculator

monthly

yearly

Income
Gross Rental Income Powered By	$
Vacancy Rate %	$
Other	$
Gross Operating Income	$1,333

Operating Expenses
Management Fees %	$
Property Tax	$
Repair Reserve %	$
Insurance	$
Condo/Strata Fees	$
Total Operating Expenses	$372
Net Operating Income	$961

Debt Service
Mortgage Payment	$2,195

Net Cash Flow	-$1,234

Cap Rate

2.18%

Acquistion Costs

Down Payment $105,800

Land Transfer Tax $0

Legal Fees $1,500

Adjustments $0

Appraisal $500

Total Acquisition Costs $107,800

Components of Return

Potential Returns

	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
Investments
Down Payment	$105,800	-	-	-	-	-	-	-	-	-
Closing Costs	$2,000	-	-	-	-	-	-	-	-	-
Mortgage Paydown	$6,584	$6,901	$7,232	$7,580	$7,944	$8,326	$8,726	$9,146	$9,585	$10,046
Total	$114,384	$6,901	$7,232	$7,580	$7,944	$8,326	$8,726	$9,146	$9,585	$10,046
Cash Invested	$114,384	$121,285	$128,518	$136,098	$144,043	$152,369	$161,096	$170,242	$179,828	$189,874

Rental Cash Flows
Rent and other income	$16,007	$16,487	$16,982	$17,491	$18,016	$18,557	$19,113	$19,687	$20,277	$20,886
Operating Expenses	-$4,470	-$4,576	-$4,684	-$4,795	-$4,909	-$5,026	-$5,146	-$5,268	-$5,394	-$5,523
Mortgage Payment	-$26,349	-$26,349	-$26,349	-$26,349	-$26,349	-$26,349	-$26,349	-$26,349	-$26,349	-$26,349
Net Cash Flow	-$14,812	-$14,438	-$14,051	-$13,653	-$13,242	-$12,819	-$12,382	-$11,931	-$11,466	-$10,986

Returns
Property Price Appreciation	-$1,005	-$1,003	-$1,001	-$999	-$997	-$995	-$993	-$991	-$989	-$988
Mortgage Paydown	$6,584	$6,901	$7,232	$7,580	$7,944	$8,326	$8,726	$9,146	$9,585	$10,046
Net Cash Flow	-$14,812	-$14,438	-$14,051	-$13,653	-$13,242	-$12,819	-$12,382	-$11,931	-$11,466	-$10,986
Total Return	-$9,233	-$8,540	-$7,820	-$7,072	-$6,295	-$5,488	-$4,649	-$3,776	-$2,870	-$1,928
Cumulative Return	-$9,233	-$17,773	-$25,593	-$32,666	-$38,962	-$44,450	-$49,099	-$52,876	-$55,747	-$57,675

Investment Metrics
Cumulative ROI	-8.1%	-14.7%	-19.9%	-24.0%	-27.0%	-29.2%	-30.5%	-31.1%	-31.0%	-30.4%
Cash On Cash	-12.9%	-11.9%	-10.9%	-10.0%	-9.2%	-8.4%	-7.7%	-7.0%	-6.4%	-5.8%