1989 Condos - 1989 Appleby Line - 1b_c_podium - Burlington, ON, L7L 6K3
1.0 Beds
1 Bath
488 sqft
1.0 Beds
1 Bath
488 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $104,598 |
Mortgage Amount | $418,392 |
Mortgage Payment % | $2,170 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $951 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $452 |
Net Operating Income | $499 |
Debt Service | |
Mortgage Payment | $2,170 |
Net Cash Flow | -$1,671 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $78,447 | - | - | $26,149 | - | - | - | - | - | - |
Closing Costs | - | - | - | $23,436 | - | - | - | - | - | - |
Mortgage Paydown | - | - | - | $3,760 | $6,690 | $7,012 | $7,349 | $7,702 | $8,072 | $8,460 |
Total | $78,447 | $0 | $0 | $53,345 | $6,690 | $7,012 | $7,349 | $7,702 | $8,072 | $8,460 |
Cash Invested | $78,447 | $78,447 | $78,447 | $131,792 | $138,482 | $145,494 | $152,843 | $160,545 | $168,618 | $177,078 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | - | $6,661 | $11,705 | $12,208 | $12,733 | $13,281 | $13,852 | $14,448 |
Operating Expenses | - | - | - | -$3,164 | -$5,502 | -$5,637 | -$5,775 | -$5,918 | -$6,065 | -$6,215 |
Mortgage Payment | - | - | - | -$15,196 | -$26,050 | -$26,050 | -$26,050 | -$26,050 | -$26,050 | -$26,050 |
Net Cash Flow | - | - | - | -$11,699 | -$19,847 | -$19,478 | -$19,092 | -$18,687 | -$18,262 | -$17,817 |
Returns | ||||||||||
Property Price Appreciation | $26,149 | $27,456 | $28,829 | $30,271 | $31,784 | $33,374 | $35,042 | $36,794 | $38,634 | $40,566 |
Mortgage Paydown | - | - | - | $3,760 | $6,690 | $7,012 | $7,349 | $7,702 | $8,072 | $8,460 |
Net Cash Flow | - | - | - | -$11,699 | -$19,847 | -$19,478 | -$19,092 | -$18,687 | -$18,262 | -$17,817 |
Total Return | $26,149 | $27,456 | $28,829 | $22,332 | $18,628 | $20,907 | $23,299 | $25,809 | $28,444 | $31,209 |
Cumulative Return | $26,149 | $53,606 | $82,436 | $104,768 | $123,396 | $144,304 | $167,603 | $193,413 | $221,858 | $253,067 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 68.3% | 105.1% | 79.5% | 89.1% | 99.2% | 109.7% | 120.5% | 131.6% | 142.9% |
Cash On Cash | - | - | - | -8.9% | -14.3% | -13.4% | -12.5% | -11.6% | -10.8% | -10.1% |
-5.8%
Price change (1 year)
16.67%
Price change (5 years)
-0.62%
Price change (1 year)
38.57%
Price change (5 years)