Corktown Condos - 225 John St S unit 12c - 1207_1b_s_04 - Hamilton, ON, L8N 2C7
1.5 Beds
1 Bath
519 sqft
1.5 Beds
1 Bath
519 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $109,580 |
Mortgage Amount | $438,320 |
Mortgage Payment % | $2,274 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,510 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $634 |
Net Operating Income | $876 |
Debt Service | |
Mortgage Payment | $2,274 |
Net Cash Flow | -$1,398 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $54,789 | $13,697 | $27,395 | $13,697 | - | - | - | - | - | - |
Closing Costs | - | - | $23,935 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $556 | $6,846 | $7,175 | $7,520 | $7,881 | $8,260 | $8,657 | $9,073 |
Total | $54,789 | $13,697 | $51,886 | $20,543 | $7,175 | $7,520 | $7,881 | $8,260 | $8,657 | $9,073 |
Cash Invested | $54,789 | $68,486 | $120,372 | $140,915 | $148,091 | $155,611 | $163,493 | $171,754 | $180,412 | $189,486 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $1,510 | $18,188 | $18,970 | $19,786 | $20,637 | $21,524 | $22,450 | $23,415 |
Operating Expenses | - | - | -$634 | -$7,626 | -$7,818 | -$8,014 | -$8,217 | -$8,425 | -$8,640 | -$8,861 |
Mortgage Payment | - | - | -$2,274 | -$27,291 | -$27,291 | -$27,291 | -$27,291 | -$27,291 | -$27,291 | -$27,291 |
Net Cash Flow | - | - | -$1,398 | -$16,729 | -$16,138 | -$15,519 | -$14,871 | -$14,192 | -$13,481 | -$12,736 |
Returns | ||||||||||
Property Price Appreciation | $27,395 | $28,764 | $30,202 | $31,713 | $33,298 | $34,963 | $36,711 | $38,547 | $40,474 | $42,498 |
Mortgage Paydown | - | - | $556 | $6,846 | $7,175 | $7,520 | $7,881 | $8,260 | $8,657 | $9,073 |
Net Cash Flow | - | - | -$1,398 | -$16,729 | -$16,138 | -$15,519 | -$14,871 | -$14,192 | -$13,481 | -$12,736 |
Total Return | $27,395 | $28,764 | $29,360 | $21,830 | $24,335 | $26,964 | $29,722 | $32,615 | $35,651 | $38,835 |
Cumulative Return | $27,395 | $56,159 | $85,520 | $107,350 | $131,686 | $158,650 | $188,373 | $220,988 | $256,640 | $295,475 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 71.0% | 76.2% | 88.9% | 102.0% | 115.2% | 128.7% | 142.3% | 155.9% |
Cash On Cash | - | - | -1.2% | -11.9% | -10.9% | -10.0% | -9.1% | -8.3% | -7.5% | -6.7% |
-3.8%
Price change (1 year)
53.31%
Price change (5 years)
-3.4%
Price change (1 year)
53.59%
Price change (5 years)