3.0 Beds
2 Baths
1179 sqft
MULTIMEDIA
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $235,980 |
| Mortgage Amount | $943,920 |
| Mortgage Payment % | $4,897 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $3,430 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $1,284 |
| Net Operating Income | $2,146 |
| Debt Service | |
| Mortgage Payment | $4,897 |
| Net Cash Flow | -$2,751 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $176,982 | - | $58,995 | - | - | - | - | - | - | - |
| Closing Costs | - | - | $36,576 | - | - | - | - | - | - | - |
| Mortgage Paydown | - | - | $8,483 | $15,094 | $15,819 | $16,579 | $17,376 | $18,212 | $19,087 | $20,004 |
| Total | $176,982 | $0 | $104,054 | $15,094 | $15,819 | $16,579 | $17,376 | $18,212 | $19,087 | $20,004 |
| Cash Invested | $176,982 | $176,982 | $281,036 | $296,130 | $311,949 | $328,529 | $345,906 | $364,118 | $383,206 | $403,210 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | $24,016 | $42,203 | $44,018 | $45,910 | $47,885 | $49,944 | $52,091 | $54,331 |
| Operating Expenses | - | - | -$8,990 | -$15,643 | -$16,046 | -$16,461 | -$16,888 | -$17,328 | -$17,781 | -$18,248 |
| Mortgage Payment | - | - | -$34,283 | -$58,771 | -$58,771 | -$58,771 | -$58,771 | -$58,771 | -$58,771 | -$58,771 |
| Net Cash Flow | - | - | -$19,257 | -$32,211 | -$30,799 | -$29,321 | -$27,774 | -$26,155 | -$24,461 | -$22,687 |
| Returns | ||||||||||
| Property Price Appreciation | $58,995 | $61,944 | $65,041 | $68,294 | $71,708 | $75,294 | $79,058 | $83,011 | $87,162 | $91,520 |
| Mortgage Paydown | - | - | $8,483 | $15,094 | $15,819 | $16,579 | $17,376 | $18,212 | $19,087 | $20,004 |
| Net Cash Flow | - | - | -$19,257 | -$32,211 | -$30,799 | -$29,321 | -$27,774 | -$26,155 | -$24,461 | -$22,687 |
| Total Return | $58,995 | $61,944 | $54,267 | $51,176 | $56,728 | $62,552 | $68,661 | $75,068 | $81,788 | $88,837 |
| Cumulative Return | $58,995 | $120,939 | $175,207 | $226,384 | $283,113 | $345,665 | $414,326 | $489,395 | $571,184 | $660,021 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 33.3% | 68.3% | 62.3% | 76.4% | 90.8% | 105.2% | 119.8% | 134.4% | 149.1% | 163.7% |
| Cash On Cash | - | - | -6.9% | -10.9% | -9.9% | -8.9% | -8.0% | -7.2% | -6.4% | -5.6% |
