2.0 Beds
2 Baths
744 sqft
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $180,000 |
| Mortgage Amount | $720,000 |
| Mortgage Payment % | $3,735 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,813 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $816 |
| Net Operating Income | $997 |
| Debt Service | |
| Mortgage Payment | $3,735 |
| Net Cash Flow | -$2,738 |
| 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 | $122,500 | - | - | - | - | - | - | - | - | - |
| Mortgage Paydown | $1,830 | $11,290 | $11,833 | $12,401 | $12,997 | $13,622 | $14,277 | $14,963 | $15,682 | $16,436 |
| Total | $214,330 | $11,290 | $11,833 | $12,401 | $12,997 | $13,622 | $14,277 | $14,963 | $15,682 | $16,436 |
| Cash Invested | $214,330 | $225,621 | $237,454 | $249,856 | $262,853 | $276,476 | $290,753 | $305,717 | $321,400 | $337,836 |
| Rental Cash Flows | ||||||||||
| Rent and other income | $3,627 | $21,917 | $22,860 | $23,843 | $24,868 | $25,938 | $27,053 | $28,216 | $29,430 | $30,695 |
| Operating Expenses | -$1,632 | -$9,838 | -$10,081 | -$10,331 | -$10,588 | -$10,853 | -$11,125 | -$11,405 | -$11,693 | -$11,989 |
| Mortgage Payment | -$7,471 | -$44,829 | -$44,829 | -$44,829 | -$44,829 | -$44,829 | -$44,829 | -$44,829 | -$44,829 | -$44,829 |
| Net Cash Flow | -$5,477 | -$32,749 | -$32,050 | -$31,317 | -$30,549 | -$29,744 | -$28,901 | -$28,018 | -$27,092 | -$26,123 |
| Returns | ||||||||||
| Property Price Appreciation | $45,000 | $47,249 | $49,612 | $52,093 | $54,697 | $57,432 | $60,304 | $63,319 | $66,485 | $69,809 |
| Mortgage Paydown | $1,830 | $11,290 | $11,833 | $12,401 | $12,997 | $13,622 | $14,277 | $14,963 | $15,682 | $16,436 |
| Net Cash Flow | -$5,477 | -$32,749 | -$32,050 | -$31,317 | -$30,549 | -$29,744 | -$28,901 | -$28,018 | -$27,092 | -$26,123 |
| Total Return | $41,353 | $25,790 | $29,395 | $33,177 | $37,146 | $41,310 | $45,680 | $50,264 | $55,075 | $60,122 |
| Cumulative Return | $41,353 | $67,144 | $96,539 | $129,716 | $166,862 | $208,173 | $253,853 | $304,118 | $359,194 | $419,316 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 19.3% | 29.8% | 40.7% | 51.9% | 63.5% | 75.3% | 87.3% | 99.5% | 111.8% | 124.1% |
| Cash On Cash | -2.6% | -14.5% | -13.5% | -12.5% | -11.6% | -10.8% | -9.9% | -9.2% | -8.4% | -7.7% |
