Radio Arts - 206 King St W - 302_on_the_air - Hamilton, ON, L8P 1A5
1.0 Beds
1 Bath
546 sqft
1.0 Beds
1 Bath
546 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $502,392 |
Mortgage Payment % | $2,606 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $730 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $573 |
Net Operating Income | $157 |
Debt Service | |
Mortgage Payment | $2,606 |
Net Cash Flow | -$2,449 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $78,497 | - | - | - | - | - | - | - | - | - |
Closing Costs | $72,635 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $3,862 | $8,002 | $8,386 | $8,790 | $9,212 | $9,655 | $10,119 | $10,605 | $11,115 | $11,649 |
Total | $154,994 | $8,002 | $8,386 | $8,790 | $9,212 | $9,655 | $10,119 | $10,605 | $11,115 | $11,649 |
Cash Invested | $154,994 | $162,996 | $171,383 | $180,173 | $189,386 | $199,041 | $209,161 | $219,766 | $230,882 | $242,532 |
Rental Cash Flows | ||||||||||
Rent and other income | $4,384 | $8,956 | $9,342 | $9,743 | $10,162 | $10,599 | $11,055 | $11,531 | $12,026 | $12,544 |
Operating Expenses | -$3,441 | -$6,961 | -$7,119 | -$7,281 | -$7,448 | -$7,618 | -$7,793 | -$7,972 | -$8,156 | -$8,344 |
Mortgage Payment | -$15,640 | -$31,280 | -$31,280 | -$31,280 | -$31,280 | -$31,280 | -$31,280 | -$31,280 | -$31,280 | -$31,280 |
Net Cash Flow | -$14,697 | -$29,284 | -$29,057 | -$28,818 | -$28,565 | -$28,299 | -$28,018 | -$27,721 | -$27,409 | -$27,081 |
Returns | ||||||||||
Property Price Appreciation | $31,399 | $32,969 | $34,617 | $36,348 | $38,166 | $40,074 | $42,078 | $44,182 | $46,391 | $48,710 |
Mortgage Paydown | $3,862 | $8,002 | $8,386 | $8,790 | $9,212 | $9,655 | $10,119 | $10,605 | $11,115 | $11,649 |
Net Cash Flow | -$14,697 | -$29,284 | -$29,057 | -$28,818 | -$28,565 | -$28,299 | -$28,018 | -$27,721 | -$27,409 | -$27,081 |
Total Return | $20,564 | $11,686 | $13,946 | $16,320 | $18,813 | $21,430 | $24,179 | $27,066 | $30,097 | $33,279 |
Cumulative Return | $20,564 | $32,251 | $46,198 | $62,518 | $81,332 | $102,762 | $126,942 | $154,008 | $184,105 | $217,385 |
Investment Metrics | ||||||||||
Cumulative ROI | 13.3% | 19.8% | 27.0% | 34.7% | 42.9% | 51.6% | 60.7% | 70.1% | 79.7% | 89.6% |
Cash On Cash | -9.5% | -18.0% | -17.0% | -16.0% | -15.1% | -14.2% | -13.4% | -12.6% | -11.9% | -11.2% |