Pangea Condos - 3825 Hwy 7 - 2f_bf - Markham, ON, L3R 0J6
2.0 Beds
2 Baths
860 sqft
2.0 Beds
2 Baths
860 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $ |
Mortgage Amount | $800,000 |
Mortgage Payment % | $4,150 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $2,096 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $916 |
Net Operating Income | $1,179 |
Debt Service | |
Mortgage Payment | $4,150 |
Net Cash Flow | -$2,971 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $75,000 | $50,000 | $75,000 | - | - | - | - | - | - | - |
Closing Costs | - | - | $32,975 | - | - | - | - | - | - | - |
Mortgage Paydown | - | - | $3,057 | $12,594 | $13,199 | $13,833 | $14,498 | $15,195 | $15,925 | $16,691 |
Total | $75,000 | $50,000 | $111,032 | $12,594 | $13,199 | $13,833 | $14,498 | $15,195 | $15,925 | $16,691 |
Cash Invested | $75,000 | $125,000 | $236,032 | $248,626 | $261,825 | $275,659 | $290,158 | $305,353 | $321,279 | $337,971 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | $6,288 | $25,425 | $26,518 | $27,659 | $28,848 | $30,088 | $31,382 | $32,732 |
Operating Expenses | - | - | -$2,749 | -$11,066 | -$11,341 | -$11,624 | -$11,916 | -$12,215 | -$12,523 | -$12,840 |
Mortgage Payment | - | - | -$12,452 | -$49,810 | -$49,810 | -$49,810 | -$49,810 | -$49,810 | -$49,810 | -$49,810 |
Net Cash Flow | - | - | -$8,913 | -$35,451 | -$34,633 | -$33,776 | -$32,878 | -$31,937 | -$30,951 | -$29,919 |
Returns | ||||||||||
Property Price Appreciation | $50,000 | $52,499 | $55,125 | $57,881 | $60,775 | $63,814 | $67,004 | $70,355 | $73,872 | $77,566 |
Mortgage Paydown | - | - | $3,057 | $12,594 | $13,199 | $13,833 | $14,498 | $15,195 | $15,925 | $16,691 |
Net Cash Flow | - | - | -$8,913 | -$35,451 | -$34,633 | -$33,776 | -$32,878 | -$31,937 | -$30,951 | -$29,919 |
Total Return | $50,000 | $52,499 | $49,268 | $35,023 | $39,341 | $43,871 | $48,625 | $53,613 | $58,847 | $64,338 |
Cumulative Return | $50,000 | $102,500 | $151,768 | $186,792 | $226,134 | $270,005 | $318,631 | $372,244 | $431,091 | $495,430 |
Investment Metrics | ||||||||||
Cumulative ROI | 66.7% | 82.0% | 64.3% | 75.1% | 86.4% | 97.9% | 109.8% | 121.9% | 134.2% | 146.6% |
Cash On Cash | - | - | -3.8% | -14.3% | -13.2% | -12.3% | -11.3% | -10.5% | -9.6% | -8.9% |