75 James Condominiums - 75 James St S - 813_1b_8 - Hamilton, ON, L8P 2Y9
1.0 Beds
1 Bath
610 sqft
1.0 Beds
1 Bath
610 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $115,798 |
Mortgage Amount | $463,192 |
Mortgage Payment % | $2,403 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $816 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $560 |
Net Operating Income | $255 |
Debt Service | |
Mortgage Payment | $2,403 |
Net Cash Flow | -$2,147 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $86,839 | - | - | - | - | - | - | - | - | - |
Closing Costs | - | $53,512 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $6,593 | $7,523 | $7,885 | $8,264 | $8,661 | $9,077 | $9,514 | $9,971 | $10,450 |
Total | $86,839 | $60,105 | $7,523 | $7,885 | $8,264 | $8,661 | $9,077 | $9,514 | $9,971 | $10,450 |
Cash Invested | $86,839 | $146,945 | $154,468 | $162,354 | $170,618 | $179,279 | $188,357 | $197,871 | $207,843 | $218,293 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $8,979 | $10,182 | $10,620 | $11,076 | $11,553 | $12,050 | $12,568 | $13,108 | $13,672 |
Operating Expenses | - | -$6,167 | -$6,870 | -$7,029 | -$7,192 | -$7,359 | -$7,530 | -$7,707 | -$7,887 | -$8,073 |
Mortgage Payment | - | -$26,436 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 |
Net Cash Flow | - | -$23,623 | -$25,527 | -$25,248 | -$24,954 | -$24,645 | -$24,320 | -$23,978 | -$23,618 | -$23,240 |
Returns | ||||||||||
Property Price Appreciation | $28,949 | $30,396 | $31,916 | $33,512 | $35,188 | $36,947 | $38,795 | $40,734 | $42,771 | $44,910 |
Mortgage Paydown | - | $6,593 | $7,523 | $7,885 | $8,264 | $8,661 | $9,077 | $9,514 | $9,971 | $10,450 |
Net Cash Flow | - | -$23,623 | -$25,527 | -$25,248 | -$24,954 | -$24,645 | -$24,320 | -$23,978 | -$23,618 | -$23,240 |
Total Return | $28,949 | $13,366 | $13,913 | $16,149 | $18,497 | $20,963 | $23,552 | $26,270 | $29,124 | $32,120 |
Cumulative Return | $28,949 | $42,316 | $56,229 | $72,378 | $90,876 | $111,839 | $135,392 | $161,662 | $190,786 | $222,906 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 28.8% | 36.4% | 44.6% | 53.3% | 62.4% | 71.9% | 81.7% | 91.8% | 102.1% |
Cash On Cash | - | -16.1% | -16.5% | -15.6% | -14.6% | -13.7% | -12.9% | -12.1% | -11.4% | -10.6% |