residence_b4-2452 Marine Dr, West Vancouver, BC, V7V 1L1
West Vancouver BC, V7V 1L1
2 Beds
2 Baths
1444 sqft
West Vancouver BC, V7V 1L1
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $598,000 |
Mortgage Amount | $2,392,000 |
Mortgage Payment % | $12,411 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $3,519 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $1,851 |
Net Operating Income | $1,668 |
Debt Service | |
Mortgage Payment | $12,411 |
Net Cash Flow | -$10,742 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $598,000 | - | - | - | - | - | - | - | - | - |
Closing Costs | - | - | $84,200 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $15,294 | $37,952 | $39,776 | $41,687 | $43,691 | $45,791 | $47,992 | $50,299 |
Total | $598,000 | $0 | $99,494 | $37,952 | $39,776 | $41,687 | $43,691 | $45,791 | $47,992 | $50,299 |
Cash Invested | $598,000 | $598,000 | $697,494 | $735,447 | $775,223 | $816,911 | $860,602 | $906,394 | $954,387 | $1,004,686 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $17,598 | $42,993 | $44,842 | $46,770 | $48,781 | $50,879 | $53,067 | $55,349 |
Operating Expenses | - | - | -$9,258 | -$22,442 | -$22,982 | -$23,537 | -$24,107 | -$24,693 | -$25,295 | -$25,913 |
Mortgage Payment | - | - | -$62,055 | -$148,933 | -$148,933 | -$148,933 | -$148,933 | -$148,933 | -$148,933 | -$148,933 |
Net Cash Flow | - | - | -$53,715 | -$128,381 | -$127,073 | -$125,699 | -$124,258 | -$122,746 | -$121,160 | -$119,497 |
Returns | ||||||||||
Property Price Appreciation | $149,500 | $156,974 | $164,823 | $173,064 | $181,718 | $190,804 | $200,344 | $210,361 | $220,879 | $231,923 |
Mortgage Paydown | - | - | $15,294 | $37,952 | $39,776 | $41,687 | $43,691 | $45,791 | $47,992 | $50,299 |
Net Cash Flow | - | - | -$53,715 | -$128,381 | -$127,073 | -$125,699 | -$124,258 | -$122,746 | -$121,160 | -$119,497 |
Total Return | $149,500 | $156,974 | $126,403 | $82,635 | $94,421 | $106,792 | $119,777 | $133,406 | $147,711 | $162,725 |
Cumulative Return | $149,500 | $306,475 | $432,878 | $515,513 | $609,935 | $716,727 | $836,504 | $969,910 | $1,117,622 | $1,280,347 |
Investment Metrics | ||||||||||
Cumulative ROI | 25.0% | 51.3% | 62.1% | 70.1% | 78.7% | 87.7% | 97.2% | 107.0% | 117.1% | 127.4% |
Cash On Cash | - | - | -7.7% | -17.5% | -16.4% | -15.4% | -14.4% | -13.5% | -12.7% | -11.9% |