2.5 Beds
2 Baths
806 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 | $2,345 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $902 |
| Net Operating Income | $1,443 |
| Debt Service | |
| Mortgage Payment | $3,735 |
| Net Cash Flow | -$2,292 |
| 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 | $4,690 | $28,347 | $29,566 | $30,837 | $32,163 | $33,546 | $34,989 | $36,493 | $38,062 | $39,699 |
| Operating Expenses | -$1,804 | -$10,870 | -$11,148 | -$11,434 | -$11,729 | -$12,032 | -$12,344 | -$12,666 | -$12,997 | -$13,338 |
| 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 | -$4,584 | -$27,352 | -$26,411 | -$25,426 | -$24,394 | -$23,315 | -$22,184 | -$21,001 | -$19,763 | -$18,468 |
| 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 | -$4,584 | -$27,352 | -$26,411 | -$25,426 | -$24,394 | -$23,315 | -$22,184 | -$21,001 | -$19,763 | -$18,468 |
| Total Return | $42,246 | $31,187 | $35,033 | $39,068 | $43,300 | $47,740 | $52,396 | $57,281 | $62,404 | $67,778 |
| Cumulative Return | $42,246 | $73,433 | $108,467 | $147,536 | $190,836 | $238,577 | $290,974 | $348,255 | $410,659 | $478,437 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 19.7% | 32.5% | 45.7% | 59.0% | 72.6% | 86.3% | 100.1% | 113.9% | 127.8% | 141.6% |
| Cash On Cash | -2.1% | -12.1% | -11.1% | -10.2% | -9.3% | -8.4% | -7.6% | -6.9% | -6.1% | -5.5% |
