Radio Arts - 206 King St W - soundbite - Hamilton, ON, L8P 1A5
485 sqft
485 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $437,592 |
Mortgage Payment % | $2,270 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $488 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $490 |
Net Operating Income | -$2 |
Debt Service | |
Mortgage Payment | $2,270 |
Net Cash Flow | -$2,272 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $68,372 | - | - | - | - | - | - | - | - | - |
Closing Costs | $64,940 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $3,364 | $6,970 | $7,305 | $7,656 | $8,024 | $8,409 | $8,814 | $9,237 | $9,681 | $10,147 |
Total | $136,676 | $6,970 | $7,305 | $7,656 | $8,024 | $8,409 | $8,814 | $9,237 | $9,681 | $10,147 |
Cash Invested | $136,676 | $143,646 | $150,951 | $158,607 | $166,632 | $175,042 | $183,856 | $193,094 | $202,775 | $212,923 |
Rental Cash Flows | ||||||||||
Rent and other income | $2,932 | $5,991 | $6,248 | $6,517 | $6,797 | $7,089 | $7,394 | $7,712 | $8,044 | $8,390 |
Operating Expenses | -$2,945 | -$5,956 | -$6,088 | -$6,223 | -$6,361 | -$6,502 | -$6,647 | -$6,796 | -$6,948 | -$7,104 |
Mortgage Payment | -$13,622 | -$27,245 | -$27,245 | -$27,245 | -$27,245 | -$27,245 | -$27,245 | -$27,245 | -$27,245 | -$27,245 |
Net Cash Flow | -$13,636 | -$27,211 | -$27,085 | -$26,951 | -$26,809 | -$26,658 | -$26,498 | -$26,329 | -$26,149 | -$25,959 |
Returns | ||||||||||
Property Price Appreciation | $27,349 | $28,716 | $30,152 | $31,660 | $33,243 | $34,905 | $36,650 | $38,483 | $40,407 | $42,428 |
Mortgage Paydown | $3,364 | $6,970 | $7,305 | $7,656 | $8,024 | $8,409 | $8,814 | $9,237 | $9,681 | $10,147 |
Net Cash Flow | -$13,636 | -$27,211 | -$27,085 | -$26,951 | -$26,809 | -$26,658 | -$26,498 | -$26,329 | -$26,149 | -$25,959 |
Total Return | $17,077 | $8,475 | $10,372 | $12,365 | $14,458 | $16,656 | $18,966 | $21,391 | $23,939 | $26,615 |
Cumulative Return | $17,077 | $25,553 | $35,925 | $48,290 | $62,749 | $79,405 | $98,372 | $119,764 | $143,703 | $170,319 |
Investment Metrics | ||||||||||
Cumulative ROI | 12.5% | 17.8% | 23.8% | 30.4% | 37.7% | 45.4% | 53.5% | 62.0% | 70.9% | 80.0% |
Cash On Cash | -10.0% | -18.9% | -17.9% | -17.0% | -16.1% | -15.2% | -14.4% | -13.6% | -12.9% | -12.2% |
-3.16%
Price change (1 year)
56.94%
Price change (5 years)