Lake Pointe Condos - 253 Lake Driveway W - 1e_d - Ajax, ON, L1S 5B5
1.5 Beds
1 Bath
603 sqft
1.5 Beds
1 Bath
603 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $141,180 |
Mortgage Amount | $564,720 |
Mortgage Payment % | $2,930 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,754 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $682 |
Net Operating Income | $1,072 |
Debt Service | |
Mortgage Payment | $2,930 |
Net Cash Flow | -$1,857 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $105,882 | - | $35,295 | - | - | - | - | - | - | - |
Closing Costs | - | - | $27,096 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $5,075 | $9,030 | $9,464 | $9,919 | $10,396 | $10,895 | $11,419 | $11,968 |
Total | $105,882 | $0 | $67,466 | $9,030 | $9,464 | $9,919 | $10,396 | $10,895 | $11,419 | $11,968 |
Cash Invested | $105,882 | $105,882 | $173,348 | $182,378 | $191,842 | $201,762 | $212,158 | $223,054 | $234,473 | $246,441 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $12,283 | $21,584 | $22,513 | $23,481 | $24,490 | $25,543 | $26,642 | $27,787 |
Operating Expenses | - | - | -$4,777 | -$8,312 | -$8,524 | -$8,742 | -$8,967 | -$9,199 | -$9,437 | -$9,683 |
Mortgage Payment | - | - | -$20,510 | -$35,161 | -$35,161 | -$35,161 | -$35,161 | -$35,161 | -$35,161 | -$35,161 |
Net Cash Flow | - | - | -$13,005 | -$21,888 | -$21,172 | -$20,422 | -$19,638 | -$18,816 | -$17,956 | -$17,056 |
Returns | ||||||||||
Property Price Appreciation | $35,295 | $37,059 | $38,912 | $40,858 | $42,901 | $45,046 | $47,298 | $49,663 | $52,146 | $54,754 |
Mortgage Paydown | - | - | $5,075 | $9,030 | $9,464 | $9,919 | $10,396 | $10,895 | $11,419 | $11,968 |
Net Cash Flow | - | - | -$13,005 | -$21,888 | -$21,172 | -$20,422 | -$19,638 | -$18,816 | -$17,956 | -$17,056 |
Total Return | $35,295 | $37,059 | $30,982 | $28,000 | $31,193 | $34,542 | $38,056 | $41,742 | $45,609 | $49,665 |
Cumulative Return | $35,295 | $72,354 | $103,337 | $131,337 | $162,531 | $197,073 | $235,130 | $276,873 | $322,482 | $372,148 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 68.3% | 59.6% | 72.0% | 84.7% | 97.7% | 110.8% | 124.1% | 137.5% | 151.0% |
Cash On Cash | - | - | -7.5% | -12.0% | -11.0% | -10.1% | -9.3% | -8.4% | -7.7% | -6.9% |
-1.92%
Price change (1 year)
44.99%
Price change (5 years)