Mile and Creek Condos - 773 Whitlock Ave - c408_c3db_phase_2 - Milton, ON, L9E 1S5
3.5 Beds
2 Baths
984 sqft
3.5 Beds
2 Baths
984 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $167,598 |
Mortgage Amount | $670,392 |
Mortgage Payment % | $3,478 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $2,863 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $1,104 |
Net Operating Income | $1,759 |
Debt Service | |
Mortgage Payment | $3,478 |
Net Cash Flow | -$1,719 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $125,696 | - | - | - | - | - | - | - | - | - |
Closing Costs | - | $71,636 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $10,430 | $10,931 | $11,457 | $12,008 | $12,585 | $13,190 | $13,824 | $14,488 | $15,184 |
Total | $125,696 | $82,066 | $10,931 | $11,457 | $12,008 | $12,585 | $13,190 | $13,824 | $14,488 | $15,184 |
Cash Invested | $125,696 | $207,762 | $218,694 | $230,151 | $242,159 | $254,745 | $267,935 | $281,759 | $296,247 | $311,432 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $34,361 | $35,838 | $37,379 | $38,987 | $40,663 | $42,412 | $44,235 | $46,138 | $48,122 |
Operating Expenses | - | -$13,253 | -$13,591 | -$13,939 | -$14,298 | -$14,667 | -$15,047 | -$15,439 | -$15,842 | -$16,257 |
Mortgage Payment | - | -$41,740 | -$41,740 | -$41,740 | -$41,740 | -$41,740 | -$41,740 | -$41,740 | -$41,740 | -$41,740 |
Net Cash Flow | - | -$20,632 | -$19,493 | -$18,300 | -$17,051 | -$15,744 | -$14,376 | -$12,943 | -$11,444 | -$9,876 |
Returns | ||||||||||
Property Price Appreciation | $41,899 | $43,994 | $46,194 | $48,503 | $50,929 | $53,475 | $56,149 | $58,956 | $61,904 | $64,999 |
Mortgage Paydown | - | $10,430 | $10,931 | $11,457 | $12,008 | $12,585 | $13,190 | $13,824 | $14,488 | $15,184 |
Net Cash Flow | - | -$20,632 | -$19,493 | -$18,300 | -$17,051 | -$15,744 | -$14,376 | -$12,943 | -$11,444 | -$9,876 |
Total Return | $41,899 | $33,792 | $37,632 | $41,660 | $45,885 | $50,316 | $54,963 | $59,836 | $64,948 | $70,308 |
Cumulative Return | $41,899 | $75,692 | $113,324 | $154,985 | $200,870 | $251,186 | $306,149 | $365,986 | $430,934 | $501,243 |
Investment Metrics | ||||||||||
Cumulative ROI | 33.3% | 36.4% | 51.8% | 67.3% | 82.9% | 98.6% | 114.3% | 129.9% | 145.5% | 160.9% |
Cash On Cash | - | -9.9% | -8.9% | -8.0% | -7.0% | -6.2% | -5.4% | -4.6% | -3.9% | -3.2% |
-3.19%
Price change (1 year)
68.2%
Price change (5 years)