Pangea Condos - 3825 Hwy 7 - 2e - Markham, ON, L3R 0J6
2.0 Beds
2 Baths
859 sqft
2.0 Beds
2 Baths
859 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $820,000 |
Mortgage Payment % | $4,254 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $2,093 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $921 |
Net Operating Income | $1,172 |
Debt Service | |
Mortgage Payment | $4,254 |
Net Cash Flow | -$3,082 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $76,875 | $51,250 | $76,875 | - | - | - | - | - | - | - |
Closing Costs | - | - | $33,475 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $3,133 | $12,908 | $13,529 | $14,179 | $14,861 | $15,575 | $16,324 | $17,108 |
Total | $76,875 | $51,250 | $113,483 | $12,908 | $13,529 | $14,179 | $14,861 | $15,575 | $16,324 | $17,108 |
Cash Invested | $76,875 | $128,125 | $241,608 | $254,517 | $268,046 | $282,226 | $297,087 | $312,663 | $328,987 | $346,096 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $6,281 | $25,395 | $26,487 | $27,626 | $28,814 | $30,053 | $31,346 | $32,694 |
Operating Expenses | - | - | -$2,765 | -$11,129 | -$11,405 | -$11,690 | -$11,982 | -$12,283 | -$12,592 | -$12,911 |
Mortgage Payment | - | - | -$12,763 | -$51,055 | -$51,055 | -$51,055 | -$51,055 | -$51,055 | -$51,055 | -$51,055 |
Net Cash Flow | - | - | -$9,247 | -$36,789 | -$35,973 | -$35,119 | -$34,223 | -$33,285 | -$32,302 | -$31,273 |
Returns | ||||||||||
Property Price Appreciation | $51,250 | $53,812 | $56,503 | $59,328 | $62,294 | $65,409 | $68,679 | $72,113 | $75,719 | $79,505 |
Mortgage Paydown | - | - | $3,133 | $12,908 | $13,529 | $14,179 | $14,861 | $15,575 | $16,324 | $17,108 |
Net Cash Flow | - | - | -$9,247 | -$36,789 | -$35,973 | -$35,119 | -$34,223 | -$33,285 | -$32,302 | -$31,273 |
Total Return | $51,250 | $53,812 | $50,389 | $35,448 | $39,850 | $44,470 | $49,317 | $54,404 | $59,741 | $65,341 |
Cumulative Return | $51,250 | $105,062 | $155,451 | $190,899 | $230,750 | $275,220 | $324,537 | $378,941 | $438,682 | $504,024 |
Investment Metrics | ||||||||||
Cumulative ROI | 66.7% | 82.0% | 64.3% | 75.0% | 86.1% | 97.5% | 109.2% | 121.2% | 133.3% | 145.6% |
Cash On Cash | - | - | -3.8% | -14.5% | -13.4% | -12.4% | -11.5% | -10.6% | -9.8% | -9.0% |
-0.05%
Price change (1 year)
39.01%
Price change (5 years)