Lake Pointe Condos - 253 Lake Driveway W - 410_1g_d - Ajax, ON, L1S 5B5
1.5 Beds
2 Baths
674 sqft
1.5 Beds
2 Baths
674 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $153,380 |
Mortgage Amount | $613,520 |
Mortgage Payment % | $3,183 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,961 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $757 |
Net Operating Income | $1,204 |
Debt Service | |
Mortgage Payment | $3,183 |
Net Cash Flow | -$1,979 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $115,032 | - | $38,345 | - | - | - | - | - | - | - |
Closing Costs | - | - | $28,316 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $5,513 | $9,810 | $10,282 | $10,776 | $11,294 | $11,837 | $12,406 | $13,002 |
Total | $115,032 | $0 | $72,174 | $9,810 | $10,282 | $10,776 | $11,294 | $11,837 | $12,406 | $13,002 |
Cash Invested | $115,032 | $115,032 | $187,206 | $197,017 | $207,299 | $218,076 | $229,370 | $241,207 | $253,614 | $266,616 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $13,729 | $24,126 | $25,163 | $26,245 | $27,374 | $28,551 | $29,779 | $31,059 |
Operating Expenses | - | - | -$5,300 | -$9,221 | -$9,457 | -$9,699 | -$9,949 | -$10,207 | -$10,472 | -$10,745 |
Mortgage Payment | - | - | -$22,283 | -$38,199 | -$38,199 | -$38,199 | -$38,199 | -$38,199 | -$38,199 | -$38,199 |
Net Cash Flow | - | - | -$13,853 | -$23,294 | -$22,492 | -$21,653 | -$20,775 | -$19,855 | -$18,892 | -$17,885 |
Returns | ||||||||||
Property Price Appreciation | $38,345 | $40,262 | $42,275 | $44,389 | $46,608 | $48,939 | $51,385 | $53,955 | $56,653 | $59,485 |
Mortgage Paydown | - | - | $5,513 | $9,810 | $10,282 | $10,776 | $11,294 | $11,837 | $12,406 | $13,002 |
Net Cash Flow | - | - | -$13,853 | -$23,294 | -$22,492 | -$21,653 | -$20,775 | -$19,855 | -$18,892 | -$17,885 |
Total Return | $38,345 | $40,262 | $33,935 | $30,905 | $34,397 | $38,061 | $41,905 | $45,937 | $50,166 | $54,602 |
Cumulative Return | $38,345 | $78,607 | $112,542 | $143,448 | $177,846 | $215,907 | $257,813 | $303,750 | $353,916 | $408,519 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 68.3% | 60.1% | 72.8% | 85.8% | 99.0% | 112.4% | 125.9% | 139.5% | 153.2% |
Cash On Cash | - | - | -7.4% | -11.8% | -10.9% | -9.9% | -9.1% | -8.2% | -7.4% | -6.7% |
4.97%
Price change (1 year)
46.12%
Price change (5 years)
5.12%
Price change (1 year)
44.89%
Price change (5 years)