penthouse_2-2452 Marine Dr, West Vancouver, BC, V7V 1L1
West Vancouver BC, V7V 1L1
3 Beds
3 Baths
3393 sqft
West Vancouver BC, V7V 1L1
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $998,000 |
Mortgage Amount | $3,992,000 |
Mortgage Payment % | $20,712 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $9,873 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $3,995 |
Net Operating Income | $5,878 |
Debt Service | |
Mortgage Payment | $20,712 |
Net Cash Flow | -$14,834 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $998,000 | - | - | - | - | - | - | - | - | - |
Closing Costs | - | - | $184,000 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $25,525 | $63,338 | $66,382 | $69,572 | $72,916 | $76,421 | $80,094 | $83,944 |
Total | $998,000 | $0 | $209,525 | $63,338 | $66,382 | $69,572 | $72,916 | $76,421 | $80,094 | $83,944 |
Cash Invested | $998,000 | $998,000 | $1,207,525 | $1,270,863 | $1,337,246 | $1,406,819 | $1,479,735 | $1,556,157 | $1,636,252 | $1,720,196 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $49,368 | $120,606 | $125,792 | $131,201 | $136,843 | $142,727 | $148,864 | $155,265 |
Operating Expenses | - | - | -$19,976 | -$48,448 | -$49,675 | -$50,937 | -$52,235 | -$53,572 | -$54,948 | -$56,365 |
Mortgage Payment | - | - | -$103,564 | -$248,553 | -$248,553 | -$248,553 | -$248,553 | -$248,553 | -$248,553 | -$248,553 |
Net Cash Flow | - | - | -$74,172 | -$176,396 | -$172,436 | -$168,289 | -$163,946 | -$159,398 | -$154,637 | -$149,653 |
Returns | ||||||||||
Property Price Appreciation | $249,500 | $261,974 | $275,073 | $288,827 | $303,268 | $318,432 | $334,353 | $351,071 | $368,625 | $387,056 |
Mortgage Paydown | - | - | $25,525 | $63,338 | $66,382 | $69,572 | $72,916 | $76,421 | $80,094 | $83,944 |
Net Cash Flow | - | - | -$74,172 | -$176,396 | -$172,436 | -$168,289 | -$163,946 | -$159,398 | -$154,637 | -$149,653 |
Total Return | $249,500 | $261,974 | $226,426 | $175,769 | $197,214 | $219,715 | $243,324 | $268,094 | $294,082 | $321,347 |
Cumulative Return | $249,500 | $511,475 | $737,901 | $913,671 | $1,110,885 | $1,330,601 | $1,573,925 | $1,842,019 | $2,136,101 | $2,457,449 |
Investment Metrics | ||||||||||
Cumulative ROI | 25.0% | 51.3% | 61.1% | 71.9% | 83.1% | 94.6% | 106.4% | 118.4% | 130.5% | 142.9% |
Cash On Cash | - | - | -6.1% | -13.9% | -12.9% | -12.0% | -11.1% | -10.2% | -9.5% | -8.7% |