2.5 Beds
2 Baths
792 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 | $2,304 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $890 |
| Net Operating Income | $1,414 |
| Debt Service | |
| Mortgage Payment | $3,735 |
| Net Cash Flow | -$2,321 |
| 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 | $4,609 | $27,854 | $29,052 | $30,301 | $31,604 | $32,963 | $34,381 | $35,859 | $37,401 | $39,009 |
| Operating Expenses | -$1,780 | -$10,728 | -$11,002 | -$11,284 | -$11,575 | -$11,874 | -$12,182 | -$12,499 | -$12,825 | -$13,161 |
| 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 | -$4,642 | -$27,703 | -$26,779 | -$25,812 | -$24,799 | -$23,739 | -$22,630 | -$21,468 | -$20,253 | -$18,981 |
| 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 | -$4,642 | -$27,703 | -$26,779 | -$25,812 | -$24,799 | -$23,739 | -$22,630 | -$21,468 | -$20,253 | -$18,981 |
| Total Return | $42,188 | $30,837 | $34,665 | $38,682 | $42,895 | $47,315 | $51,951 | $56,814 | $61,915 | $67,265 |
| Cumulative Return | $42,188 | $73,025 | $107,691 | $146,373 | $189,269 | $236,585 | $288,536 | $345,351 | $407,266 | $474,531 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 19.7% | 32.4% | 45.4% | 58.6% | 72.0% | 85.6% | 99.2% | 113.0% | 126.7% | 140.5% |
| Cash On Cash | -2.2% | -12.3% | -11.3% | -10.3% | -9.4% | -8.6% | -7.8% | -7.0% | -6.3% | -5.6% |
