314_east_tower-2081 De Pauls Ln, Burlington, ON, L7R 2C8
Burlington ON, L7R 2C8
2 Beds
1 Bath
658 sqft
Burlington ON, L7R 2C8
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $119,800 |
Mortgage Amount | $479,200 |
Mortgage Payment % | $2,486 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,914 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $813 |
Net Operating Income | $1,101 |
Debt Service | |
Mortgage Payment | $2,486 |
Net Cash Flow | -$1,385 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $59,900 | $59,900 | - | - | - | - | - | - | - | - |
Closing Costs | $24,955 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $2,446 | $7,573 | $7,937 | $8,318 | $8,718 | $9,137 | $9,577 | $10,037 | $10,519 | $11,025 |
Total | $87,301 | $67,473 | $7,937 | $8,318 | $8,718 | $9,137 | $9,577 | $10,037 | $10,519 | $11,025 |
Cash Invested | $87,301 | $154,774 | $162,712 | $171,031 | $179,750 | $188,887 | $198,464 | $208,502 | $219,022 | $230,047 |
Rental Cash Flows | ||||||||||
Rent and other income | $7,659 | $23,306 | $24,308 | $25,354 | $26,444 | $27,581 | $28,767 | $30,004 | $31,294 | $32,640 |
Operating Expenses | -$3,254 | -$9,844 | -$10,091 | -$10,344 | -$10,605 | -$10,874 | -$11,150 | -$11,435 | -$11,727 | -$12,029 |
Mortgage Payment | -$9,945 | -$29,836 | -$29,836 | -$29,836 | -$29,836 | -$29,836 | -$29,836 | -$29,836 | -$29,836 | -$29,836 |
Net Cash Flow | -$5,540 | -$16,374 | -$15,618 | -$14,826 | -$13,997 | -$13,129 | -$12,219 | -$11,266 | -$10,269 | -$9,225 |
Returns | ||||||||||
Property Price Appreciation | $29,950 | $31,447 | $33,019 | $34,670 | $36,404 | $38,224 | $40,135 | $42,142 | $44,249 | $46,462 |
Mortgage Paydown | $2,446 | $7,573 | $7,937 | $8,318 | $8,718 | $9,137 | $9,577 | $10,037 | $10,519 | $11,025 |
Net Cash Flow | -$5,540 | -$16,374 | -$15,618 | -$14,826 | -$13,997 | -$13,129 | -$12,219 | -$11,266 | -$10,269 | -$9,225 |
Total Return | $26,855 | $22,646 | $25,338 | $28,162 | $31,125 | $34,233 | $37,493 | $40,913 | $44,500 | $48,262 |
Cumulative Return | $26,855 | $49,502 | $74,841 | $103,004 | $134,129 | $168,362 | $205,856 | $246,769 | $291,269 | $339,531 |
Investment Metrics | ||||||||||
Cumulative ROI | 30.8% | 32.0% | 46.0% | 60.2% | 74.6% | 89.1% | 103.7% | 118.4% | 133.0% | 147.6% |
Cash On Cash | -6.3% | -10.6% | -9.6% | -8.7% | -7.8% | -7.0% | -6.2% | -5.4% | -4.7% | -4.0% |
10.32%
Price change (1 year)
55.3%
Price change (5 years)
10.32%
Price change (1 year)
55.3%
Price change (5 years)