The Design District Condos - 41 Wilson St - basalt_a - Hamilton, ON, L8R 1C6
2.5 Beds
2 Baths
822 sqft
2.5 Beds
2 Baths
822 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $167,198 |
Mortgage Amount | $668,792 |
Mortgage Payment % | $3,470 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $2,392 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $932 |
Net Operating Income | $1,459 |
Debt Service | |
Mortgage Payment | $3,470 |
Net Cash Flow | -$2,010 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $41,798 | $125,396 | - | - | - | - | - | - | - | - |
Closing Costs | - | $29,698 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $3,414 | $10,569 | $11,077 | $11,610 | $12,168 | $12,753 | $13,366 | $14,008 | $14,681 |
Total | $41,798 | $158,508 | $10,569 | $11,077 | $11,610 | $12,168 | $12,753 | $13,366 | $14,008 | $14,681 |
Cash Invested | $41,798 | $200,306 | $210,876 | $221,954 | $233,564 | $245,732 | $258,485 | $271,851 | $285,860 | $300,542 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $9,568 | $29,115 | $30,367 | $31,673 | $33,035 | $34,455 | $35,937 | $37,482 | $39,094 |
Operating Expenses | - | -$3,729 | -$11,283 | -$11,571 | -$11,867 | -$12,172 | -$12,486 | -$12,809 | -$13,142 | -$13,485 |
Mortgage Payment | - | -$13,880 | -$41,640 | -$41,640 | -$41,640 | -$41,640 | -$41,640 | -$41,640 | -$41,640 | -$41,640 |
Net Cash Flow | - | -$8,041 | -$23,808 | -$22,844 | -$21,834 | -$20,777 | -$19,671 | -$18,512 | -$17,300 | -$16,031 |
Returns | ||||||||||
Property Price Appreciation | $41,799 | $43,889 | $46,083 | $48,388 | $50,807 | $53,347 | $56,015 | $58,816 | $61,756 | $64,844 |
Mortgage Paydown | - | $3,414 | $10,569 | $11,077 | $11,610 | $12,168 | $12,753 | $13,366 | $14,008 | $14,681 |
Net Cash Flow | - | -$8,041 | -$23,808 | -$22,844 | -$21,834 | -$20,777 | -$19,671 | -$18,512 | -$17,300 | -$16,031 |
Total Return | $41,799 | $39,262 | $32,845 | $36,621 | $40,582 | $44,738 | $49,097 | $53,669 | $58,464 | $63,495 |
Cumulative Return | $41,799 | $81,061 | $113,906 | $150,528 | $191,111 | $235,849 | $284,946 | $338,616 | $397,081 | $460,576 |
Investment Metrics | ||||||||||
Cumulative ROI | 100.0% | 40.5% | 54.0% | 67.8% | 81.8% | 96.0% | 110.2% | 124.6% | 138.9% | 153.2% |
Cash On Cash | - | -4.0% | -11.3% | -10.3% | -9.3% | -8.5% | -7.6% | -6.8% | -6.1% | -5.3% |
-5.85%
Price change (1 year)
10.08%
Price change (5 years)
-3.85%
Price change (1 year)
25.9%
Price change (5 years)