Mile and Creek Condos - 773 Whitlock Ave - d512_d30a_phase_2 - Milton, ON, L9E 1S5
3.0 Beds
2 Baths
955 sqft
3.0 Beds
2 Baths
955 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $175,398 |
Mortgage Amount | $701,592 |
Mortgage Payment % | $3,640 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $2,779 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $1,088 |
Net Operating Income | $1,690 |
Debt Service | |
Mortgage Payment | $3,640 |
Net Cash Flow | -$1,949 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $131,546 | - | - | - | - | - | - | - | - | - |
Closing Costs | $74,366 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $890 | $10,958 | $11,485 | $12,037 | $12,616 | $13,222 | $13,858 | $14,524 | $15,222 | $15,953 |
Total | $206,802 | $10,958 | $11,485 | $12,037 | $12,616 | $13,222 | $13,858 | $14,524 | $15,222 | $15,953 |
Cash Invested | $206,802 | $217,761 | $229,246 | $241,284 | $253,900 | $267,122 | $280,980 | $295,504 | $310,727 | $326,680 |
Rental Cash Flows | ||||||||||
Rent and other income | $2,779 | $33,468 | $34,907 | $36,408 | $37,973 | $39,606 | $41,309 | $43,086 | $44,938 | $46,871 |
Operating Expenses | -$1,088 | -$13,084 | -$13,417 | -$13,760 | -$14,113 | -$14,476 | -$14,850 | -$15,235 | -$15,632 | -$16,040 |
Mortgage Payment | -$3,640 | -$43,683 | -$43,683 | -$43,683 | -$43,683 | -$43,683 | -$43,683 | -$43,683 | -$43,683 | -$43,683 |
Net Cash Flow | -$1,949 | -$23,299 | -$22,193 | -$21,035 | -$19,822 | -$18,553 | -$17,223 | -$15,832 | -$14,376 | -$12,852 |
Returns | ||||||||||
Property Price Appreciation | $43,849 | $46,041 | $48,344 | $50,761 | $53,299 | $55,964 | $58,762 | $61,700 | $64,785 | $68,024 |
Mortgage Paydown | $890 | $10,958 | $11,485 | $12,037 | $12,616 | $13,222 | $13,858 | $14,524 | $15,222 | $15,953 |
Net Cash Flow | -$1,949 | -$23,299 | -$22,193 | -$21,035 | -$19,822 | -$18,553 | -$17,223 | -$15,832 | -$14,376 | -$12,852 |
Total Return | $42,790 | $33,701 | $37,636 | $41,763 | $46,092 | $50,633 | $55,396 | $60,391 | $65,631 | $71,125 |
Cumulative Return | $42,790 | $76,491 | $114,127 | $155,891 | $201,984 | $252,618 | $308,014 | $368,406 | $434,037 | $505,163 |
Investment Metrics | ||||||||||
Cumulative ROI | 20.7% | 35.1% | 49.8% | 64.6% | 79.6% | 94.6% | 109.6% | 124.7% | 139.7% | 154.6% |
Cash On Cash | -0.9% | -10.7% | -9.7% | -8.7% | -7.8% | -6.9% | -6.1% | -5.4% | -4.6% | -3.9% |
7.21%
Price change (1 year)
46.21%
Price change (5 years)