Corktown Condos - 225 John St S unit 12c - 913_1b_d_13 - Hamilton, ON, L8N 2C7
1.5 Beds
1 Bath
647 sqft
1.5 Beds
1 Bath
647 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $121,780 |
Mortgage Amount | $487,120 |
Mortgage Payment % | $2,527 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,882 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $773 |
Net Operating Income | $1,109 |
Debt Service | |
Mortgage Payment | $2,527 |
Net Cash Flow | -$1,417 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $60,889 | $15,222 | $30,445 | $15,222 | - | - | - | - | - | - |
Closing Costs | - | - | $25,155 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $618 | $7,608 | $7,974 | $8,357 | $8,759 | $9,180 | $9,621 | $10,084 |
Total | $60,889 | $15,222 | $56,218 | $22,830 | $7,974 | $8,357 | $8,759 | $9,180 | $9,621 | $10,084 |
Cash Invested | $60,889 | $76,111 | $132,329 | $155,159 | $163,134 | $171,492 | $180,251 | $189,432 | $199,053 | $209,137 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $1,882 | $22,674 | $23,649 | $24,666 | $25,726 | $26,832 | $27,986 | $29,190 |
Operating Expenses | - | - | -$773 | -$9,296 | -$9,531 | -$9,772 | -$10,020 | -$10,275 | -$10,538 | -$10,809 |
Mortgage Payment | - | - | -$2,527 | -$30,329 | -$30,329 | -$30,329 | -$30,329 | -$30,329 | -$30,329 | -$30,329 |
Net Cash Flow | - | - | -$1,417 | -$16,952 | -$16,211 | -$15,435 | -$14,623 | -$13,772 | -$12,881 | -$11,948 |
Returns | ||||||||||
Property Price Appreciation | $30,445 | $31,967 | $33,565 | $35,243 | $37,006 | $38,856 | $40,799 | $42,839 | $44,981 | $47,230 |
Mortgage Paydown | - | - | $618 | $7,608 | $7,974 | $8,357 | $8,759 | $9,180 | $9,621 | $10,084 |
Net Cash Flow | - | - | -$1,417 | -$16,952 | -$16,211 | -$15,435 | -$14,623 | -$13,772 | -$12,881 | -$11,948 |
Total Return | $30,445 | $31,967 | $32,765 | $25,900 | $28,768 | $31,778 | $34,935 | $38,247 | $41,721 | $45,366 |
Cumulative Return | $30,445 | $62,412 | $95,178 | $121,078 | $149,847 | $181,625 | $216,561 | $254,808 | $296,530 | $341,896 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 71.9% | 78.0% | 91.9% | 105.9% | 120.1% | 134.5% | 149.0% | 163.5% |
Cash On Cash | - | - | -1.1% | -10.9% | -9.9% | -9.0% | -8.1% | -7.3% | -6.5% | -5.7% |
-5.32%
Price change (1 year)
22.93%
Price change (5 years)
0.69%
Price change (1 year)
36.56%
Price change (5 years)