Corktown Condos - 225 John St S unit 12c - 1604_1b_s_03 - Hamilton, ON, L8N 2C7
1.0 Beds
1 Bath
532 sqft
1.0 Beds
1 Bath
532 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $110,380 |
Mortgage Amount | $441,520 |
Mortgage Payment % | $2,290 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $711 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $569 |
Net Operating Income | $142 |
Debt Service | |
Mortgage Payment | $2,290 |
Net Cash Flow | -$2,148 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $55,189 | $13,797 | $27,595 | $13,797 | - | - | - | - | - | - |
Closing Costs | - | - | $24,015 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $560 | $6,896 | $7,227 | $7,575 | $7,939 | $8,321 | $8,721 | $9,140 |
Total | $55,189 | $13,797 | $52,170 | $20,693 | $7,227 | $7,575 | $7,939 | $8,321 | $8,721 | $9,140 |
Cash Invested | $55,189 | $68,986 | $121,156 | $141,849 | $149,077 | $156,653 | $164,592 | $172,913 | $181,634 | $190,774 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $711 | $8,574 | $8,942 | $9,327 | $9,728 | $10,146 | $10,583 | $11,038 |
Operating Expenses | - | - | -$569 | -$6,847 | -$7,002 | -$7,161 | -$7,324 | -$7,491 | -$7,662 | -$7,838 |
Mortgage Payment | - | - | -$2,290 | -$27,490 | -$27,490 | -$27,490 | -$27,490 | -$27,490 | -$27,490 | -$27,490 |
Net Cash Flow | - | - | -$2,148 | -$25,763 | -$25,549 | -$25,324 | -$25,086 | -$24,834 | -$24,569 | -$24,290 |
Returns | ||||||||||
Property Price Appreciation | $27,595 | $28,974 | $30,423 | $31,944 | $33,541 | $35,218 | $36,979 | $38,828 | $40,770 | $42,808 |
Mortgage Paydown | - | - | $560 | $6,896 | $7,227 | $7,575 | $7,939 | $8,321 | $8,721 | $9,140 |
Net Cash Flow | - | - | -$2,148 | -$25,763 | -$25,549 | -$25,324 | -$25,086 | -$24,834 | -$24,569 | -$24,290 |
Total Return | $27,595 | $28,974 | $28,835 | $13,077 | $15,220 | $17,470 | $19,833 | $22,315 | $24,921 | $27,658 |
Cumulative Return | $27,595 | $56,569 | $85,405 | $98,482 | $113,702 | $131,173 | $151,006 | $173,321 | $198,243 | $225,902 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 70.5% | 69.4% | 76.3% | 83.7% | 91.7% | 100.2% | 109.1% | 118.4% |
Cash On Cash | - | - | -1.8% | -18.2% | -17.1% | -16.2% | -15.2% | -14.4% | -13.5% | -12.7% |
-5.32%
Price change (1 year)
18.24%
Price change (5 years)
10.61%
Price change (1 year)
37.87%
Price change (5 years)