Paradigm Grand Condos - 2081 De Pauls Ln - 1809_east_tower - Burlington, ON, L7R 2C8
1.5 Beds
2 Baths
780 sqft
1.5 Beds
2 Baths
780 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $631,200 |
Mortgage Payment % | $3,275 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $2,269 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $984 |
Net Operating Income | $1,284 |
Debt Service | |
Mortgage Payment | $3,275 |
Net Cash Flow | -$1,990 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $78,900 | $78,900 | - | - | - | - | - | - | - | - |
Closing Costs | - | $28,755 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $9,820 | $10,292 | $10,787 | $11,306 | $11,849 | $12,418 | $13,015 | $13,641 | $14,297 |
Total | $78,900 | $117,475 | $10,292 | $10,787 | $11,306 | $11,849 | $12,418 | $13,015 | $13,641 | $14,297 |
Cash Invested | $78,900 | $196,375 | $206,668 | $217,456 | $228,762 | $240,611 | $253,030 | $266,046 | $279,687 | $293,984 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $27,237 | $28,408 | $29,630 | $30,904 | $32,233 | $33,619 | $35,065 | $36,572 | $38,145 |
Operating Expenses | - | -$11,817 | -$12,112 | -$12,414 | -$12,726 | -$13,046 | -$13,376 | -$13,715 | -$14,065 | -$14,424 |
Mortgage Payment | - | -$39,300 | -$39,300 | -$39,300 | -$39,300 | -$39,300 | -$39,300 | -$39,300 | -$39,300 | -$39,300 |
Net Cash Flow | - | -$23,880 | -$23,003 | -$22,084 | -$21,122 | -$20,113 | -$19,057 | -$17,951 | -$16,792 | -$15,579 |
Returns | ||||||||||
Property Price Appreciation | $39,450 | $41,422 | $43,493 | $45,668 | $47,951 | $50,349 | $52,866 | $55,510 | $58,285 | $61,199 |
Mortgage Paydown | - | $9,820 | $10,292 | $10,787 | $11,306 | $11,849 | $12,418 | $13,015 | $13,641 | $14,297 |
Net Cash Flow | - | -$23,880 | -$23,003 | -$22,084 | -$21,122 | -$20,113 | -$19,057 | -$17,951 | -$16,792 | -$15,579 |
Total Return | $39,450 | $27,362 | $30,782 | $34,370 | $38,135 | $42,084 | $46,228 | $50,574 | $55,134 | $59,917 |
Cumulative Return | $39,450 | $66,812 | $97,595 | $131,966 | $170,102 | $212,186 | $258,415 | $308,989 | $364,124 | $424,041 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 34.0% | 47.2% | 60.7% | 74.4% | 88.2% | 102.1% | 116.1% | 130.2% | 144.2% |
Cash On Cash | - | -12.2% | -11.1% | -10.2% | -9.2% | -8.4% | -7.5% | -6.7% | -6.0% | -5.3% |
4.64%
Price change (1 year)
50.35%
Price change (5 years)