Thompson Towers - 130 Thompson Rd S - c812bf_spring_tower - Milton, ON, L9T 2X5
2.0 Beds
2 Baths
812 sqft
2.0 Beds
2 Baths
812 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $165,180 |
Mortgage Amount | $660,720 |
Mortgage Payment % | $3,428 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,979 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $940 |
Net Operating Income | $1,038 |
Debt Service | |
Mortgage Payment | $3,428 |
Net Cash Flow | -$2,389 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $103,237 | $20,647 | - | - | - | - | - | - | - | - |
Closing Costs | - | $70,789 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $8,533 | $10,690 | $11,204 | $11,742 | $12,306 | $12,898 | $13,518 | $14,168 | $14,849 |
Total | $103,237 | $99,969 | $10,690 | $11,204 | $11,742 | $12,306 | $12,898 | $13,518 | $14,168 | $14,849 |
Cash Invested | $103,237 | $203,206 | $213,896 | $225,100 | $236,842 | $249,149 | $262,048 | $275,566 | $289,734 | $304,583 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $19,792 | $24,602 | $25,659 | $26,763 | $27,914 | $29,114 | $30,366 | $31,672 | $33,034 |
Operating Expenses | - | -$9,408 | -$11,520 | -$11,803 | -$12,093 | -$12,392 | -$12,699 | -$13,015 | -$13,340 | -$13,674 |
Mortgage Payment | - | -$34,281 | -$41,138 | -$41,138 | -$41,138 | -$41,138 | -$41,138 | -$41,138 | -$41,138 | -$41,138 |
Net Cash Flow | - | -$23,898 | -$28,056 | -$27,281 | -$26,468 | -$25,616 | -$24,723 | -$23,787 | -$22,806 | -$21,778 |
Returns | ||||||||||
Property Price Appreciation | $41,295 | $43,359 | $45,527 | $47,804 | $50,194 | $52,704 | $55,339 | $58,106 | $61,011 | $64,062 |
Mortgage Paydown | - | $8,533 | $10,690 | $11,204 | $11,742 | $12,306 | $12,898 | $13,518 | $14,168 | $14,849 |
Net Cash Flow | - | -$23,898 | -$28,056 | -$27,281 | -$26,468 | -$25,616 | -$24,723 | -$23,787 | -$22,806 | -$21,778 |
Total Return | $41,295 | $27,994 | $28,161 | $31,726 | $35,468 | $39,394 | $43,514 | $47,837 | $52,373 | $57,132 |
Cumulative Return | $41,295 | $69,289 | $97,450 | $129,177 | $164,645 | $204,039 | $247,554 | $295,391 | $347,764 | $404,897 |
Investment Metrics | ||||||||||
Cumulative ROI | 40.0% | 34.1% | 45.6% | 57.4% | 69.5% | 81.9% | 94.5% | 107.2% | 120.0% | 132.9% |
Cash On Cash | - | -11.8% | -13.1% | -12.1% | -11.2% | -10.3% | -9.4% | -8.6% | -7.9% | -7.2% |