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
MULTIMEDIA
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 | $587 | $7,235 | $7,582 | $7,947 | $8,329 | $8,729 | $9,149 | $9,588 | $10,049 | $10,532 |
Total | $140,939 | $7,235 | $7,582 | $7,947 | $8,329 | $8,729 | $9,149 | $9,588 | $10,049 | $10,532 |
Cash Invested | $140,939 | $148,174 | $155,757 | $163,704 | $172,033 | $180,763 | $189,912 | $199,501 | $209,551 | $220,083 |
Rental Cash Flows | ||||||||||
Rent and other income | $816 | $9,831 | $10,254 | $10,695 | $11,154 | $11,634 | $12,134 | $12,656 | $13,200 | $13,768 |
Operating Expenses | -$560 | -$6,740 | -$6,896 | -$7,055 | -$7,219 | -$7,387 | -$7,559 | -$7,736 | -$7,918 | -$8,104 |
Mortgage Payment | -$2,403 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 | -$28,839 |
Net Cash Flow | -$2,147 | -$25,749 | -$25,481 | -$25,200 | -$24,904 | -$24,592 | -$24,264 | -$23,919 | -$23,557 | -$23,175 |
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 | $587 | $7,235 | $7,582 | $7,947 | $8,329 | $8,729 | $9,149 | $9,588 | $10,049 | $10,532 |
Net Cash Flow | -$2,147 | -$25,749 | -$25,481 | -$25,200 | -$24,904 | -$24,592 | -$24,264 | -$23,919 | -$23,557 | -$23,175 |
Total Return | $27,389 | $11,882 | $14,017 | $16,259 | $18,613 | $21,084 | $23,679 | $26,403 | $29,264 | $32,267 |
Cumulative Return | $27,389 | $39,272 | $53,290 | $69,549 | $88,162 | $109,247 | $132,926 | $159,330 | $188,594 | $220,861 |
Investment Metrics | ||||||||||
Cumulative ROI | 19.4% | 26.5% | 34.2% | 42.5% | 51.2% | 60.4% | 70.0% | 79.9% | 90.0% | 100.4% |
Cash On Cash | -1.5% | -17.4% | -16.4% | -15.4% | -14.5% | -13.6% | -12.8% | -12.0% | -11.2% | -10.5% |