2.0 Beds
2 Baths
856 sqft
MULTIMEDIA
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $160,000 |
| Mortgage Amount | $640,000 |
| Mortgage Payment % | $3,320 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $2,086 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $931 |
| Net Operating Income | $1,154 |
| Debt Service | |
| Mortgage Payment | $3,320 |
| Net Cash Flow | -$2,166 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $120,000 | - | - | - | - | - | - | - | - | - |
| Closing Costs | - | - | - | $70,500 | - | - | - | - | - | - |
| Mortgage Paydown | - | - | - | $3,267 | $10,114 | $10,600 | $11,110 | $11,644 | $12,204 | $12,790 |
| Total | $120,000 | $0 | $0 | $73,767 | $10,114 | $10,600 | $11,110 | $11,644 | $12,204 | $12,790 |
| Cash Invested | $120,000 | $120,000 | $120,000 | $193,767 | $203,882 | $214,483 | $225,593 | $237,237 | $249,442 | $262,232 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | - | $8,346 | $25,396 | $26,488 | $27,627 | $28,815 | $30,055 | $31,347 |
| Operating Expenses | - | - | - | -$3,727 | -$11,274 | -$11,554 | -$11,841 | -$12,137 | -$12,440 | -$12,753 |
| Mortgage Payment | - | - | - | -$13,282 | -$39,848 | -$39,848 | -$39,848 | -$39,848 | -$39,848 | -$39,848 |
| Net Cash Flow | - | - | - | -$8,664 | -$25,726 | -$24,913 | -$24,061 | -$23,169 | -$22,234 | -$21,254 |
| Returns | ||||||||||
| Property Price Appreciation | $40,000 | $41,999 | $44,100 | $46,305 | $48,620 | $51,051 | $53,603 | $56,284 | $59,098 | $62,053 |
| Mortgage Paydown | - | - | - | $3,267 | $10,114 | $10,600 | $11,110 | $11,644 | $12,204 | $12,790 |
| Net Cash Flow | - | - | - | -$8,664 | -$25,726 | -$24,913 | -$24,061 | -$23,169 | -$22,234 | -$21,254 |
| Total Return | $40,000 | $41,999 | $44,100 | $40,908 | $33,008 | $36,738 | $40,652 | $44,759 | $49,068 | $53,589 |
| Cumulative Return | $40,000 | $82,000 | $126,100 | $167,008 | $200,016 | $236,755 | $277,407 | $322,166 | $371,235 | $424,824 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 33.3% | 68.3% | 105.1% | 86.2% | 98.1% | 110.4% | 123.0% | 135.8% | 148.8% | 162.0% |
| Cash On Cash | - | - | - | -4.5% | -12.6% | -11.6% | -10.7% | -9.8% | -8.9% | -8.1% |
