Jericho Park - 19925 78B Avenue - b1a_1_building_2 - Langley Township, BC, V2Y 1S3
2.0 Beds
1 Bath
631 sqft
2.0 Beds
1 Bath
631 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $107,980 |
Mortgage Amount | $431,920 |
Mortgage Payment % | $2,241 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,538 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $711 |
Net Operating Income | $826 |
Debt Service | |
Mortgage Payment | $2,241 |
Net Cash Flow | -$1,414 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $53,990 | - | - | - | - | - | - | - | - | - |
Closing Costs | - | - | $79,288 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $1,098 | $6,772 | $7,098 | $7,439 | $7,797 | $8,172 | $8,564 | $8,976 |
Total | $53,990 | $0 | $80,386 | $6,772 | $7,098 | $7,439 | $7,797 | $8,172 | $8,564 | $8,976 |
Cash Invested | $53,990 | $53,990 | $134,376 | $141,149 | $148,247 | $155,687 | $163,484 | $171,656 | $180,221 | $189,198 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $3,076 | $18,589 | $19,388 | $20,222 | $21,091 | $21,998 | $22,944 | $23,931 |
Operating Expenses | - | - | -$1,422 | -$8,571 | -$8,782 | -$8,999 | -$9,221 | -$9,451 | -$9,686 | -$9,929 |
Mortgage Payment | - | - | -$4,482 | -$26,892 | -$26,892 | -$26,892 | -$26,892 | -$26,892 | -$26,892 | -$26,892 |
Net Cash Flow | - | - | -$2,828 | -$16,874 | -$16,286 | -$15,669 | -$15,022 | -$14,345 | -$13,635 | -$12,890 |
Returns | ||||||||||
Property Price Appreciation | $26,995 | $28,344 | $29,761 | $31,250 | $32,812 | $34,453 | $36,175 | $37,984 | $39,883 | $41,878 |
Mortgage Paydown | - | - | $1,098 | $6,772 | $7,098 | $7,439 | $7,797 | $8,172 | $8,564 | $8,976 |
Net Cash Flow | - | - | -$2,828 | -$16,874 | -$16,286 | -$15,669 | -$15,022 | -$14,345 | -$13,635 | -$12,890 |
Total Return | $26,995 | $28,344 | $28,031 | $21,148 | $23,624 | $26,223 | $28,950 | $31,811 | $34,813 | $37,963 |
Cumulative Return | $26,995 | $55,339 | $83,371 | $104,519 | $128,144 | $154,367 | $183,317 | $215,128 | $249,942 | $287,906 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 102.5% | 62.0% | 74.0% | 86.4% | 99.2% | 112.1% | 125.3% | 138.7% | 152.2% |
Cash On Cash | - | - | -2.1% | -12.0% | -11.0% | -10.1% | -9.2% | -8.4% | -7.6% | -6.8% |