Mile and Creek Condos - 773 Whitlock Ave - d612_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 % | $175,998 |
Mortgage Amount | $703,992 |
Mortgage Payment % | $3,652 |
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 | $1,089 |
Net Operating Income | $1,689 |
Debt Service | |
Mortgage Payment | $3,652 |
Net Cash Flow | -$1,962 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $131,996 | - | - | - | - | - | - | - | - | - |
Closing Costs | $74,576 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $893 | $10,996 | $11,524 | $12,078 | $12,659 | $13,267 | $13,905 | $14,573 | $15,274 | $16,008 |
Total | $207,465 | $10,996 | $11,524 | $12,078 | $12,659 | $13,267 | $13,905 | $14,573 | $15,274 | $16,008 |
Cash Invested | $207,465 | $218,461 | $229,986 | $242,065 | $254,724 | $267,992 | $281,897 | $296,471 | $311,745 | $327,754 |
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 | -$1,089 | -$13,096 | -$13,429 | -$13,772 | -$14,125 | -$14,489 | -$14,863 | -$15,249 | -$15,646 | -$16,054 |
Mortgage Payment | -$3,652 | -$43,832 | -$43,832 | -$43,832 | -$43,832 | -$43,832 | -$43,832 | -$43,832 | -$43,832 | -$43,832 |
Net Cash Flow | -$1,962 | -$23,460 | -$22,355 | -$21,197 | -$19,984 | -$18,715 | -$17,386 | -$15,995 | -$14,539 | -$13,016 |
Returns | ||||||||||
Property Price Appreciation | $43,999 | $46,199 | $48,509 | $50,934 | $53,481 | $56,155 | $58,963 | $61,911 | $65,007 | $68,257 |
Mortgage Paydown | $893 | $10,996 | $11,524 | $12,078 | $12,659 | $13,267 | $13,905 | $14,573 | $15,274 | $16,008 |
Net Cash Flow | -$1,962 | -$23,460 | -$22,355 | -$21,197 | -$19,984 | -$18,715 | -$17,386 | -$15,995 | -$14,539 | -$13,016 |
Total Return | $42,930 | $33,734 | $37,679 | $41,816 | $46,156 | $50,708 | $55,482 | $60,489 | $65,741 | $71,249 |
Cumulative Return | $42,930 | $76,664 | $114,344 | $156,160 | $202,316 | $253,024 | $308,507 | $368,996 | $434,738 | $505,988 |
Investment Metrics | ||||||||||
Cumulative ROI | 20.7% | 35.1% | 49.7% | 64.5% | 79.4% | 94.4% | 109.4% | 124.5% | 139.5% | 154.4% |
Cash On Cash | -0.9% | -10.7% | -9.7% | -8.8% | -7.8% | -7.0% | -6.2% | -5.4% | -4.7% | -4.0% |