The Design District Condos - 41 Wilson St - 1317_nickel - Hamilton, ON, L8R 1C6
1.0 Beds
1 Bath
496 sqft
1.0 Beds
1 Bath
496 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $107,980 |
Mortgage Amount | $431,920 |
Mortgage Payment % | $2,241 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $663 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $497 |
Net Operating Income | $166 |
Debt Service | |
Mortgage Payment | $2,241 |
Net Cash Flow | -$2,074 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $26,994 | $80,984 | - | - | - | - | - | - | - | - |
Closing Costs | - | $23,775 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $1,098 | $6,772 | $7,098 | $7,439 | $7,797 | $8,172 | $8,564 | $8,976 | $9,407 |
Total | $26,994 | $105,857 | $6,772 | $7,098 | $7,439 | $7,797 | $8,172 | $8,564 | $8,976 | $9,407 |
Cash Invested | $26,994 | $132,851 | $139,624 | $146,722 | $154,162 | $161,959 | $170,131 | $178,696 | $187,673 | $197,081 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $1,327 | $8,022 | $8,367 | $8,727 | $9,102 | $9,494 | $9,902 | $10,328 | $10,772 |
Operating Expenses | - | -$995 | -$5,993 | -$6,130 | -$6,270 | -$6,414 | -$6,562 | -$6,713 | -$6,868 | -$7,027 |
Mortgage Payment | - | -$4,482 | -$26,892 | -$26,892 | -$26,892 | -$26,892 | -$26,892 | -$26,892 | -$26,892 | -$26,892 |
Net Cash Flow | - | -$4,149 | -$24,863 | -$24,655 | -$24,436 | -$24,204 | -$23,960 | -$23,703 | -$23,433 | -$23,148 |
Returns | ||||||||||
Property Price Appreciation | $26,995 | $28,344 | $29,761 | $31,250 | $32,812 | $34,453 | $36,175 | $37,984 | $39,883 | $41,878 |
Mortgage Paydown | - | $1,098 | $6,772 | $7,098 | $7,439 | $7,797 | $8,172 | $8,564 | $8,976 | $9,407 |
Net Cash Flow | - | -$4,149 | -$24,863 | -$24,655 | -$24,436 | -$24,204 | -$23,960 | -$23,703 | -$23,433 | -$23,148 |
Total Return | $26,995 | $25,293 | $11,671 | $13,693 | $15,816 | $18,045 | $20,387 | $22,845 | $25,427 | $28,137 |
Cumulative Return | $26,995 | $52,288 | $63,959 | $77,652 | $93,468 | $111,514 | $131,901 | $154,747 | $180,174 | $208,312 |
Investment Metrics | ||||||||||
Cumulative ROI | 100.0% | 39.4% | 45.8% | 52.9% | 60.6% | 68.9% | 77.5% | 86.6% | 96.0% | 105.7% |
Cash On Cash | - | -3.1% | -17.8% | -16.8% | -15.9% | -14.9% | -14.1% | -13.3% | -12.5% | -11.7% |
6.56%
Price change (1 year)
43.73%
Price change (5 years)
6.42%
Price change (1 year)
42.72%
Price change (5 years)