Corktown Condos
- 2211_1b_d_12
225 John St S unit 12c
Hamilton ON, L8N 2C7
1.5 Beds
2 Baths
639 sqft
Hamilton ON, L8N 2C7
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $135,780 |
Mortgage Amount | $543,120 |
Mortgage Payment % | $2,818 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,859 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $782 |
Net Operating Income | $1,077 |
Debt Service | |
Mortgage Payment | $2,818 |
Net Cash Flow | -$1,740 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $67,889 | $16,972 | $33,945 | $16,972 | - | - | - | - | - | - |
Closing Costs | - | - | $26,555 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $1,380 | $8,516 | $8,926 | $9,355 | $9,804 | $10,275 | $10,769 | $11,287 |
Total | $67,889 | $16,972 | $61,880 | $25,488 | $8,926 | $9,355 | $9,804 | $10,275 | $10,769 | $11,287 |
Cash Invested | $67,889 | $84,861 | $146,741 | $172,230 | $181,156 | $190,511 | $200,316 | $210,592 | $221,362 | $232,650 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $3,718 | $22,473 | $23,440 | $24,448 | $25,499 | $26,595 | $27,739 | $28,932 |
Operating Expenses | - | - | -$1,564 | -$9,428 | -$9,665 | -$9,908 | -$10,158 | -$10,416 | -$10,681 | -$10,954 |
Mortgage Payment | - | - | -$5,636 | -$33,816 | -$33,816 | -$33,816 | -$33,816 | -$33,816 | -$33,816 | -$33,816 |
Net Cash Flow | - | - | -$3,481 | -$20,770 | -$20,041 | -$19,276 | -$18,475 | -$17,636 | -$16,758 | -$15,838 |
Returns | ||||||||||
Property Price Appreciation | $33,945 | $35,642 | $37,424 | $39,295 | $41,260 | $43,323 | $45,489 | $47,764 | $50,152 | $52,659 |
Mortgage Paydown | - | - | $1,380 | $8,516 | $8,926 | $9,355 | $9,804 | $10,275 | $10,769 | $11,287 |
Net Cash Flow | - | - | -$3,481 | -$20,770 | -$20,041 | -$19,276 | -$18,475 | -$17,636 | -$16,758 | -$15,838 |
Total Return | $33,945 | $35,642 | $35,323 | $27,041 | $30,145 | $33,401 | $36,818 | $40,403 | $44,163 | $48,109 |
Cumulative Return | $33,945 | $69,587 | $104,910 | $131,952 | $162,097 | $195,499 | $232,318 | $272,721 | $316,885 | $364,994 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 71.5% | 76.6% | 89.5% | 102.6% | 116.0% | 129.5% | 143.2% | 156.9% |
Cash On Cash | - | - | -2.4% | -12.1% | -11.1% | -10.1% | -9.2% | -8.4% | -7.6% | -6.8% |
3.65%
Price change (1 year)
50.56%
Price change (5 years)
3.66%
Price change (1 year)
49.48%
Price change (5 years)