Lake Pointe Condos - 253 Lake Driveway W - 1d - Ajax, ON, L1S 5B5
1.0 Beds
1 Bath
547 sqft
1.0 Beds
1 Bath
547 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $128,980 |
Mortgage Amount | $515,920 |
Mortgage Payment % | $2,676 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,066 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $571 |
Net Operating Income | $495 |
Debt Service | |
Mortgage Payment | $2,676 |
Net Cash Flow | -$2,181 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $96,732 | - | $32,245 | - | - | - | - | - | - | - |
Closing Costs | - | - | $25,876 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $4,636 | $8,250 | $8,646 | $9,062 | $9,497 | $9,954 | $10,432 | $10,934 |
Total | $96,732 | $0 | $62,757 | $8,250 | $8,646 | $9,062 | $9,497 | $9,954 | $10,432 | $10,934 |
Cash Invested | $96,732 | $96,732 | $159,489 | $167,739 | $176,386 | $185,448 | $194,945 | $204,900 | $215,332 | $226,266 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $7,466 | $13,120 | $13,685 | $14,273 | $14,887 | $15,527 | $16,195 | $16,891 |
Operating Expenses | - | - | -$3,998 | -$6,950 | -$7,117 | -$7,289 | -$7,465 | -$7,646 | -$7,831 | -$8,023 |
Mortgage Payment | - | - | -$18,738 | -$32,122 | -$32,122 | -$32,122 | -$32,122 | -$32,122 | -$32,122 | -$32,122 |
Net Cash Flow | - | - | -$15,270 | -$25,952 | -$25,555 | -$25,138 | -$24,700 | -$24,241 | -$23,759 | -$23,254 |
Returns | ||||||||||
Property Price Appreciation | $32,245 | $33,857 | $35,550 | $37,327 | $39,193 | $41,153 | $43,211 | $45,371 | $47,640 | $50,022 |
Mortgage Paydown | - | - | $4,636 | $8,250 | $8,646 | $9,062 | $9,497 | $9,954 | $10,432 | $10,934 |
Net Cash Flow | - | - | -$15,270 | -$25,952 | -$25,555 | -$25,138 | -$24,700 | -$24,241 | -$23,759 | -$23,254 |
Total Return | $32,245 | $33,857 | $24,916 | $19,624 | $22,285 | $25,077 | $28,008 | $31,084 | $34,313 | $37,702 |
Cumulative Return | $32,245 | $66,102 | $91,018 | $110,643 | $132,928 | $158,006 | $186,014 | $217,099 | $251,413 | $289,115 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 68.3% | 57.1% | 66.0% | 75.4% | 85.2% | 95.4% | 106.0% | 116.8% | 127.8% |
Cash On Cash | - | - | -9.6% | -15.5% | -14.5% | -13.6% | -12.7% | -11.8% | -11.0% | -10.3% |
11.72%
Price change (1 year)
96.17%
Price change (5 years)
11.72%
Price change (1 year)
96.17%
Price change (5 years)