Radio Arts - 206 King St W - 1307_radar - Hamilton, ON, L8P 1A5
1.0 Beds
1 Bath
695 sqft
1.0 Beds
1 Bath
695 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $573,592 |
Mortgage Payment % | $2,976 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $930 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $709 |
Net Operating Income | $220 |
Debt Service | |
Mortgage Payment | $2,976 |
Net Cash Flow | -$2,755 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $89,622 | - | - | - | - | - | - | - | - | - |
Closing Costs | $81,090 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $4,409 | $9,136 | $9,575 | $10,035 | $10,518 | $11,023 | $11,553 | $12,108 | $12,690 | $13,300 |
Total | $175,121 | $9,136 | $9,575 | $10,035 | $10,518 | $11,023 | $11,553 | $12,108 | $12,690 | $13,300 |
Cash Invested | $175,121 | $184,258 | $193,833 | $203,869 | $214,387 | $225,411 | $236,965 | $249,073 | $261,764 | $275,065 |
Rental Cash Flows | ||||||||||
Rent and other income | $5,580 | $11,401 | $11,891 | $12,402 | $12,936 | $13,492 | $14,072 | $14,677 | $15,308 | $15,967 |
Operating Expenses | -$4,255 | -$8,608 | -$8,804 | -$9,006 | -$9,212 | -$9,424 | -$9,641 | -$9,863 | -$10,091 | -$10,326 |
Mortgage Payment | -$17,856 | -$35,713 | -$35,713 | -$35,713 | -$35,713 | -$35,713 | -$35,713 | -$35,713 | -$35,713 | -$35,713 |
Net Cash Flow | -$16,531 | -$32,920 | -$32,626 | -$32,316 | -$31,989 | -$31,645 | -$31,282 | -$30,899 | -$30,496 | -$30,072 |
Returns | ||||||||||
Property Price Appreciation | $35,849 | $37,641 | $39,524 | $41,500 | $43,575 | $45,754 | $48,041 | $50,443 | $52,966 | $55,614 |
Mortgage Paydown | $4,409 | $9,136 | $9,575 | $10,035 | $10,518 | $11,023 | $11,553 | $12,108 | $12,690 | $13,300 |
Net Cash Flow | -$16,531 | -$32,920 | -$32,626 | -$32,316 | -$31,989 | -$31,645 | -$31,282 | -$30,899 | -$30,496 | -$30,072 |
Total Return | $23,727 | $13,857 | $16,472 | $19,219 | $22,103 | $25,132 | $28,313 | $31,653 | $35,160 | $38,842 |
Cumulative Return | $23,727 | $37,584 | $54,057 | $73,276 | $95,380 | $120,513 | $148,826 | $180,479 | $215,639 | $254,482 |
Investment Metrics | ||||||||||
Cumulative ROI | 13.5% | 20.4% | 27.9% | 35.9% | 44.5% | 53.5% | 62.8% | 72.5% | 82.4% | 92.5% |
Cash On Cash | -9.4% | -17.9% | -16.8% | -15.9% | -14.9% | -14.0% | -13.2% | -12.4% | -11.7% | -10.9% |