Lake Pointe Condos - 253 Lake Driveway W - 1n_d - Ajax, ON, L1S 5B5
1.5 Beds
1 Bath
568 sqft
1.5 Beds
1 Bath
568 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $135,380 |
Mortgage Amount | $541,520 |
Mortgage Payment % | $2,809 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,652 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $646 |
Net Operating Income | $1,006 |
Debt Service | |
Mortgage Payment | $2,809 |
Net Cash Flow | -$1,802 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $101,532 | - | $33,845 | - | - | - | - | - | - | - |
Closing Costs | - | - | $26,516 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $4,866 | $8,659 | $9,075 | $9,511 | $9,968 | $10,448 | $10,950 | $11,476 |
Total | $101,532 | $0 | $65,227 | $8,659 | $9,075 | $9,511 | $9,968 | $10,448 | $10,950 | $11,476 |
Cash Invested | $101,532 | $101,532 | $166,759 | $175,419 | $184,494 | $194,006 | $203,975 | $214,423 | $225,373 | $236,850 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $11,570 | $20,332 | $21,206 | $22,118 | $23,069 | $24,061 | $25,095 | $26,175 |
Operating Expenses | - | - | -$4,522 | -$7,868 | -$8,069 | -$8,275 | -$8,488 | -$8,707 | -$8,933 | -$9,165 |
Mortgage Payment | - | - | -$19,668 | -$33,716 | -$33,716 | -$33,716 | -$33,716 | -$33,716 | -$33,716 | -$33,716 |
Net Cash Flow | - | - | -$12,620 | -$21,253 | -$20,579 | -$19,874 | -$19,136 | -$18,363 | -$17,553 | -$16,707 |
Returns | ||||||||||
Property Price Appreciation | $33,845 | $35,537 | $37,314 | $39,179 | $41,138 | $43,195 | $45,355 | $47,623 | $50,004 | $52,504 |
Mortgage Paydown | - | - | $4,866 | $8,659 | $9,075 | $9,511 | $9,968 | $10,448 | $10,950 | $11,476 |
Net Cash Flow | - | - | -$12,620 | -$21,253 | -$20,579 | -$19,874 | -$19,136 | -$18,363 | -$17,553 | -$16,707 |
Total Return | $33,845 | $35,537 | $29,560 | $26,586 | $29,634 | $32,833 | $36,188 | $39,708 | $43,400 | $47,274 |
Cumulative Return | $33,845 | $69,382 | $98,942 | $125,528 | $155,163 | $187,996 | $224,184 | $263,893 | $307,293 | $354,568 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 68.3% | 59.3% | 71.6% | 84.1% | 96.9% | 109.9% | 123.1% | 136.3% | 149.7% |
Cash On Cash | - | - | -7.6% | -12.1% | -11.2% | -10.2% | -9.4% | -8.6% | -7.8% | -7.1% |
-0.29%
Price change (1 year)
35.49%
Price change (5 years)