Corktown Condos - 225 John St S unit 12c - 504_1b_s_03 - Hamilton, ON, L8N 2C7
1.5 Beds
1 Bath
532 sqft
1.5 Beds
1 Bath
532 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $105,380 |
Mortgage Amount | $421,520 |
Mortgage Payment % | $2,187 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,548 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $641 |
Net Operating Income | $906 |
Debt Service | |
Mortgage Payment | $2,187 |
Net Cash Flow | -$1,280 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $52,689 | $13,172 | $26,345 | $13,172 | - | - | - | - | - | - |
Closing Costs | - | - | $23,515 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $534 | $6,584 | $6,900 | $7,232 | $7,579 | $7,944 | $8,325 | $8,726 |
Total | $52,689 | $13,172 | $50,394 | $19,756 | $6,900 | $7,232 | $7,579 | $7,944 | $8,325 | $8,726 |
Cash Invested | $52,689 | $65,861 | $116,255 | $136,011 | $142,912 | $150,144 | $157,724 | $165,668 | $173,994 | $182,720 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $1,548 | $18,644 | $19,445 | $20,281 | $21,153 | $22,063 | $23,012 | $24,001 |
Operating Expenses | - | - | -$641 | -$7,716 | -$7,910 | -$8,110 | -$8,316 | -$8,527 | -$8,745 | -$8,969 |
Mortgage Payment | - | - | -$2,187 | -$26,245 | -$26,245 | -$26,245 | -$26,245 | -$26,245 | -$26,245 | -$26,245 |
Net Cash Flow | - | - | -$1,280 | -$15,317 | -$14,710 | -$14,073 | -$13,407 | -$12,709 | -$11,977 | -$11,212 |
Returns | ||||||||||
Property Price Appreciation | $26,345 | $27,662 | $29,045 | $30,497 | $32,022 | $33,623 | $35,304 | $37,070 | $38,923 | $40,869 |
Mortgage Paydown | - | - | $534 | $6,584 | $6,900 | $7,232 | $7,579 | $7,944 | $8,325 | $8,726 |
Net Cash Flow | - | - | -$1,280 | -$15,317 | -$14,710 | -$14,073 | -$13,407 | -$12,709 | -$11,977 | -$11,212 |
Total Return | $26,345 | $27,662 | $28,299 | $21,763 | $24,212 | $26,782 | $29,477 | $32,305 | $35,271 | $38,383 |
Cumulative Return | $26,345 | $54,007 | $82,306 | $104,070 | $128,283 | $155,065 | $184,542 | $216,848 | $252,119 | $290,503 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 70.8% | 76.5% | 89.8% | 103.3% | 117.0% | 130.9% | 144.9% | 159.0% |
Cash On Cash | - | - | -1.1% | -11.3% | -10.3% | -9.4% | -8.5% | -7.7% | -6.9% | -6.1% |
-5.32%
Price change (1 year)
18.24%
Price change (5 years)
10.61%
Price change (1 year)
37.87%
Price change (5 years)