1.5 Beds
1 Bath
538 sqft
MULTIMEDIA
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $120,000 |
| Mortgage Amount | $480,000 |
| Mortgage Payment % | $2,490 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,565 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $634 |
| Net Operating Income | $931 |
| Debt Service | |
| Mortgage Payment | $2,490 |
| Net Cash Flow | -$1,559 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $90,000 | - | - | - | - | - | - | - | - | - |
| Closing Costs | - | - | - | $56,500 | - | - | - | - | - | - |
| Mortgage Paydown | - | - | - | $2,450 | $7,586 | $7,950 | $8,332 | $8,733 | $9,153 | $9,593 |
| Total | $90,000 | $0 | $0 | $58,950 | $7,586 | $7,950 | $8,332 | $8,733 | $9,153 | $9,593 |
| Cash Invested | $90,000 | $90,000 | $90,000 | $148,950 | $156,536 | $164,487 | $172,820 | $181,553 | $190,706 | $200,299 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | - | $6,262 | $19,056 | $19,875 | $20,730 | $21,621 | $22,551 | $23,521 |
| Operating Expenses | - | - | - | -$2,536 | -$7,674 | -$7,868 | -$8,068 | -$8,274 | -$8,485 | -$8,703 |
| Mortgage Payment | - | - | - | -$9,962 | -$29,886 | -$29,886 | -$29,886 | -$29,886 | -$29,886 | -$29,886 |
| Net Cash Flow | - | - | - | -$6,236 | -$18,504 | -$17,879 | -$17,224 | -$16,538 | -$15,820 | -$15,068 |
| Returns | ||||||||||
| Property Price Appreciation | $30,000 | $31,499 | $33,075 | $34,728 | $36,465 | $38,288 | $40,202 | $42,213 | $44,323 | $46,539 |
| Mortgage Paydown | - | - | - | $2,450 | $7,586 | $7,950 | $8,332 | $8,733 | $9,153 | $9,593 |
| Net Cash Flow | - | - | - | -$6,236 | -$18,504 | -$17,879 | -$17,224 | -$16,538 | -$15,820 | -$15,068 |
| Total Return | $30,000 | $31,499 | $33,075 | $30,942 | $25,546 | $28,359 | $31,311 | $34,407 | $37,656 | $41,064 |
| Cumulative Return | $30,000 | $61,500 | $94,575 | $125,517 | $151,064 | $179,424 | $210,735 | $245,143 | $282,799 | $323,864 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 33.3% | 68.3% | 105.1% | 84.3% | 96.5% | 109.1% | 121.9% | 135.0% | 148.3% | 161.7% |
| Cash On Cash | - | - | - | -4.2% | -11.8% | -10.9% | -10.0% | -9.1% | -8.3% | -7.5% |
