Lake Pointe Condos - 253 Lake Driveway W - 1c_d - Ajax, ON, L1S 5B5
1.5 Beds
1 Bath
592 sqft
1.5 Beds
1 Bath
592 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $138,380 |
Mortgage Amount | $553,520 |
Mortgage Payment % | $2,871 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,722 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $669 |
Net Operating Income | $1,053 |
Debt Service | |
Mortgage Payment | $2,871 |
Net Cash Flow | -$1,818 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $103,782 | - | $34,595 | - | - | - | - | - | - | - |
Closing Costs | - | - | $26,816 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $4,974 | $8,851 | $9,276 | $9,722 | $10,189 | $10,679 | $11,192 | $11,730 |
Total | $103,782 | $0 | $66,385 | $8,851 | $9,276 | $9,722 | $10,189 | $10,679 | $11,192 | $11,730 |
Cash Invested | $103,782 | $103,782 | $170,167 | $179,018 | $188,295 | $198,018 | $208,207 | $218,887 | $230,080 | $241,811 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $12,059 | $21,191 | $22,102 | $23,052 | $24,044 | $25,077 | $26,156 | $27,281 |
Operating Expenses | - | - | -$4,684 | -$8,150 | -$8,359 | -$8,573 | -$8,794 | -$9,021 | -$9,255 | -$9,496 |
Mortgage Payment | - | - | -$20,103 | -$34,463 | -$34,463 | -$34,463 | -$34,463 | -$34,463 | -$34,463 | -$34,463 |
Net Cash Flow | - | - | -$12,729 | -$21,423 | -$20,720 | -$19,984 | -$19,213 | -$18,407 | -$17,562 | -$16,678 |
Returns | ||||||||||
Property Price Appreciation | $34,595 | $36,324 | $38,140 | $40,048 | $42,050 | $44,152 | $46,360 | $48,678 | $51,112 | $53,668 |
Mortgage Paydown | - | - | $4,974 | $8,851 | $9,276 | $9,722 | $10,189 | $10,679 | $11,192 | $11,730 |
Net Cash Flow | - | - | -$12,729 | -$21,423 | -$20,720 | -$19,984 | -$19,213 | -$18,407 | -$17,562 | -$16,678 |
Total Return | $34,595 | $36,324 | $30,385 | $27,475 | $30,606 | $33,891 | $37,336 | $40,951 | $44,742 | $48,720 |
Cumulative Return | $34,595 | $70,919 | $101,305 | $128,781 | $159,388 | $193,279 | $230,616 | $271,567 | $316,310 | $365,030 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 68.3% | 59.5% | 71.9% | 84.6% | 97.6% | 110.8% | 124.1% | 137.5% | 151.0% |
Cash On Cash | - | - | -7.5% | -12.0% | -11.0% | -10.1% | -9.2% | -8.4% | -7.6% | -6.9% |
-2.08%
Price change (1 year)
44.56%
Price change (5 years)
-1.92%
Price change (1 year)
44.99%
Price change (5 years)