Lake Pointe Condos - 253 Lake Driveway W - 1a_d - Ajax, ON, L1S 5B5
1.5 Beds
1 Bath
676 sqft
1.5 Beds
1 Bath
676 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $153,980 |
Mortgage Amount | $615,920 |
Mortgage Payment % | $3,195 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,967 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $759 |
Net Operating Income | $1,207 |
Debt Service | |
Mortgage Payment | $3,195 |
Net Cash Flow | -$1,988 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $115,482 | - | $38,495 | - | - | - | - | - | - | - |
Closing Costs | - | - | $28,376 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $5,535 | $9,849 | $10,322 | $10,818 | $11,338 | $11,883 | $12,454 | $13,053 |
Total | $115,482 | $0 | $72,406 | $9,849 | $10,322 | $10,818 | $11,338 | $11,883 | $12,454 | $13,053 |
Cash Invested | $115,482 | $115,482 | $187,888 | $197,737 | $208,059 | $218,878 | $230,217 | $242,100 | $254,555 | $267,608 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $13,770 | $24,198 | $25,238 | $26,323 | $27,455 | $28,636 | $29,867 | $31,152 |
Operating Expenses | - | - | -$5,318 | -$9,253 | -$9,490 | -$9,734 | -$9,985 | -$10,243 | -$10,509 | -$10,783 |
Mortgage Payment | - | - | -$22,370 | -$38,349 | -$38,349 | -$38,349 | -$38,349 | -$38,349 | -$38,349 | -$38,349 |
Net Cash Flow | - | - | -$13,919 | -$23,404 | -$22,601 | -$21,759 | -$20,878 | -$19,956 | -$18,990 | -$17,980 |
Returns | ||||||||||
Property Price Appreciation | $38,495 | $40,419 | $42,440 | $44,562 | $46,790 | $49,130 | $51,586 | $54,166 | $56,874 | $59,718 |
Mortgage Paydown | - | - | $5,535 | $9,849 | $10,322 | $10,818 | $11,338 | $11,883 | $12,454 | $13,053 |
Net Cash Flow | - | - | -$13,919 | -$23,404 | -$22,601 | -$21,759 | -$20,878 | -$19,956 | -$18,990 | -$17,980 |
Total Return | $38,495 | $40,419 | $34,057 | $31,007 | $34,512 | $38,189 | $42,047 | $46,093 | $50,338 | $54,791 |
Cumulative Return | $38,495 | $78,914 | $112,971 | $143,978 | $178,491 | $216,680 | $258,728 | $304,822 | $355,160 | $409,952 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 68.3% | 60.1% | 72.8% | 85.8% | 99.0% | 112.4% | 125.9% | 139.5% | 153.2% |
Cash On Cash | - | - | -7.4% | -11.8% | -10.9% | -9.9% | -9.1% | -8.2% | -7.5% | -6.7% |
0.7%
Price change (1 year)
42.35%
Price change (5 years)