1.5 Beds
1 Bath
647 sqft
Hamilton ON, L8N 2C7
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $122,980 |
| Mortgage Amount | $491,920 |
| Mortgage Payment % | $2,552 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,882 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $774 |
| Net Operating Income | $1,108 |
| Debt Service | |
| Mortgage Payment | $2,552 |
| Net Cash Flow | -$1,443 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $61,489 | $15,372 | $30,745 | $15,372 | - | - | - | - | - | - |
| Closing Costs | - | - | $25,275 | - | - | - | - | - | - | - |
| Mortgage Paydown | - | - | $624 | $7,683 | $8,053 | $8,440 | $8,845 | $9,270 | $9,716 | $10,183 |
| Total | $61,489 | $15,372 | $56,644 | $23,055 | $8,053 | $8,440 | $8,845 | $9,270 | $9,716 | $10,183 |
| Cash Invested | $61,489 | $76,861 | $133,505 | $156,560 | $164,613 | $173,054 | $181,899 | $191,170 | $200,887 | $211,070 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | $1,882 | $22,674 | $23,649 | $24,666 | $25,726 | $26,832 | $27,986 | $29,190 |
| Operating Expenses | - | - | -$774 | -$9,308 | -$9,543 | -$9,784 | -$10,033 | -$10,288 | -$10,551 | -$10,822 |
| Mortgage Payment | - | - | -$2,552 | -$30,628 | -$30,628 | -$30,628 | -$30,628 | -$30,628 | -$30,628 | -$30,628 |
| Net Cash Flow | - | - | -$1,443 | -$17,263 | -$16,522 | -$15,747 | -$14,934 | -$14,084 | -$13,193 | -$12,260 |
| Returns | ||||||||||
| Property Price Appreciation | $30,745 | $32,282 | $33,896 | $35,591 | $37,370 | $39,239 | $41,201 | $43,261 | $45,424 | $47,695 |
| Mortgage Paydown | - | - | $624 | $7,683 | $8,053 | $8,440 | $8,845 | $9,270 | $9,716 | $10,183 |
| Net Cash Flow | - | - | -$1,443 | -$17,263 | -$16,522 | -$15,747 | -$14,934 | -$14,084 | -$13,193 | -$12,260 |
| Total Return | $30,745 | $32,282 | $33,076 | $26,011 | $28,901 | $31,932 | $35,112 | $38,448 | $41,947 | $45,618 |
| Cumulative Return | $30,745 | $63,027 | $96,104 | $122,115 | $151,016 | $182,949 | $218,061 | $256,509 | $298,456 | $344,075 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 50.0% | 82.0% | 72.0% | 78.0% | 91.7% | 105.7% | 119.9% | 134.2% | 148.6% | 163.0% |
| Cash On Cash | - | - | -1.1% | -11.0% | -10.0% | -9.1% | -8.2% | -7.4% | -6.6% | -5.8% |
2.32%
Price change (1 year)
47.53%
Price change (5 years)
2.28%
Price change (1 year)
47.45%
Price change (5 years)
