1107 Main - 1107 Main St W - 112_e703 - Hamilton, ON, L8S 1B8
2.0 Beds
2 Baths
705 sqft
2.0 Beds
2 Baths
705 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $567,992 |
Mortgage Payment % | $2,947 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,114 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $766 |
Net Operating Income | $348 |
Debt Service | |
Mortgage Payment | $2,947 |
Net Cash Flow | -$2,598 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $88,746 | $17,749 | $35,499 | - | - | - | - | - | - | - |
Closing Costs | - | - | $27,178 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $5,845 | $9,118 | $9,556 | $10,015 | $10,497 | $11,001 | $11,530 | $12,084 |
Total | $88,746 | $17,749 | $68,522 | $9,118 | $9,556 | $10,015 | $10,497 | $11,001 | $11,530 | $12,084 |
Cash Invested | $88,746 | $106,495 | $175,017 | $184,135 | $193,692 | $203,708 | $214,205 | $225,207 | $236,737 | $248,822 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $8,919 | $13,762 | $14,354 | $14,971 | $15,615 | $16,286 | $16,986 | $17,717 |
Operating Expenses | - | - | -$6,128 | -$9,334 | -$9,549 | -$9,771 | -$9,998 | -$10,231 | -$10,470 | -$10,715 |
Mortgage Payment | - | - | -$23,576 | -$35,364 | -$35,364 | -$35,364 | -$35,364 | -$35,364 | -$35,364 | -$35,364 |
Net Cash Flow | - | - | -$20,785 | -$30,936 | -$30,560 | -$30,164 | -$29,748 | -$29,309 | -$28,848 | -$28,363 |
Returns | ||||||||||
Property Price Appreciation | $35,499 | $37,274 | $39,138 | $41,095 | $43,149 | $45,307 | $47,572 | $49,951 | $52,448 | $55,071 |
Mortgage Paydown | - | - | $5,845 | $9,118 | $9,556 | $10,015 | $10,497 | $11,001 | $11,530 | $12,084 |
Net Cash Flow | - | - | -$20,785 | -$30,936 | -$30,560 | -$30,164 | -$29,748 | -$29,309 | -$28,848 | -$28,363 |
Total Return | $35,499 | $37,274 | $24,197 | $19,276 | $22,145 | $25,158 | $28,321 | $31,643 | $35,131 | $38,792 |
Cumulative Return | $35,499 | $72,773 | $96,971 | $116,248 | $138,394 | $163,553 | $191,874 | $223,518 | $258,649 | $297,442 |
Investment Metrics | ||||||||||
Cumulative ROI | 40.0% | 68.3% | 55.4% | 63.1% | 71.5% | 80.3% | 89.6% | 99.3% | 109.3% | 119.5% |
Cash On Cash | - | - | -11.9% | -16.8% | -15.8% | -14.8% | -13.9% | -13.0% | -12.2% | -11.4% |
2.27%
Price change (1 year)
28.43%
Price change (5 years)
12.59%
Price change (1 year)
56.77%
Price change (5 years)