75 James Condominiums - 75 James St S - 103_lw_1b - Hamilton, ON, L8P 2Y9
1.0 Beds
1 Bath
720 sqft
1.0 Beds
1 Bath
720 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $1,037,590 |
Mortgage Payment % | $5,383 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $963 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $815 |
Net Operating Income | $147 |
Debt Service | |
Mortgage Payment | $5,383 |
Net Cash Flow | -$5,235 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $181,570 | $12,969 | - | - | - | - | - | - | - | - |
Closing Costs | - | $103,772 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $13,400 | $16,787 | $17,594 | $18,440 | $19,326 | $20,255 | $21,229 | $22,249 | $23,318 |
Total | $181,570 | $130,141 | $16,787 | $17,594 | $18,440 | $19,326 | $20,255 | $21,229 | $22,249 | $23,318 |
Cash Invested | $181,570 | $311,712 | $328,500 | $346,094 | $364,535 | $383,861 | $404,117 | $425,346 | $447,596 | $470,915 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $9,635 | $11,977 | $12,492 | $13,029 | $13,589 | $14,173 | $14,783 | $15,419 | $16,082 |
Operating Expenses | - | -$8,157 | -$9,972 | -$10,197 | -$10,428 | -$10,664 | -$10,906 | -$11,154 | -$11,408 | -$11,669 |
Mortgage Payment | - | -$53,836 | -$64,603 | -$64,603 | -$64,603 | -$64,603 | -$64,603 | -$64,603 | -$64,603 | -$64,603 |
Net Cash Flow | - | -$52,358 | -$62,599 | -$62,308 | -$62,002 | -$61,677 | -$61,335 | -$60,974 | -$60,592 | -$60,190 |
Returns | ||||||||||
Property Price Appreciation | $64,849 | $68,091 | $71,496 | $75,071 | $78,824 | $82,766 | $86,904 | $91,249 | $95,812 | $100,602 |
Mortgage Paydown | - | $13,400 | $16,787 | $17,594 | $18,440 | $19,326 | $20,255 | $21,229 | $22,249 | $23,318 |
Net Cash Flow | - | -$52,358 | -$62,599 | -$62,308 | -$62,002 | -$61,677 | -$61,335 | -$60,974 | -$60,592 | -$60,190 |
Total Return | $64,849 | $29,133 | $25,685 | $30,357 | $35,263 | $40,414 | $45,824 | $51,504 | $57,468 | $63,731 |
Cumulative Return | $64,849 | $93,983 | $119,668 | $150,025 | $185,289 | $225,704 | $271,528 | $323,033 | $380,502 | $444,233 |
Investment Metrics | ||||||||||
Cumulative ROI | 35.7% | 30.2% | 36.4% | 43.3% | 50.8% | 58.8% | 67.2% | 75.9% | 85.0% | 94.3% |
Cash On Cash | - | -16.8% | -19.1% | -18.0% | -17.0% | -16.1% | -15.2% | -14.3% | -13.5% | -12.8% |