2.5 Beds
2 Baths
903 sqft
Milton ON, L9T 2X5
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $176,180 |
| Mortgage Amount | $704,720 |
| Mortgage Payment % | $3,656 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $2,627 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $1,077 |
| Net Operating Income | $1,549 |
| Debt Service | |
| Mortgage Payment | $3,656 |
| Net Cash Flow | -$2,106 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $110,112 | $22,022 | - | - | - | - | - | - | - | - |
| Closing Costs | - | $74,639 | - | - | - | - | - | - | - | - |
| Mortgage Paydown | - | $9,101 | $11,402 | $11,950 | $12,524 | $13,126 | $13,757 | $14,418 | $15,111 | $15,838 |
| Total | $110,112 | $105,762 | $11,402 | $11,950 | $12,524 | $13,126 | $13,757 | $14,418 | $15,111 | $15,838 |
| Cash Invested | $110,112 | $215,874 | $227,276 | $239,226 | $251,751 | $264,877 | $278,634 | $293,053 | $308,165 | $324,003 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | $26,277 | $32,662 | $34,067 | $35,532 | $37,059 | $38,653 | $40,315 | $42,049 | $43,857 |
| Operating Expenses | - | -$10,778 | -$13,205 | -$13,539 | -$13,883 | -$14,236 | -$14,600 | -$14,974 | -$15,360 | -$15,757 |
| Mortgage Payment | - | -$36,564 | -$43,877 | -$43,877 | -$43,877 | -$43,877 | -$43,877 | -$43,877 | -$43,877 | -$43,877 |
| Net Cash Flow | - | -$21,066 | -$24,421 | -$23,350 | -$22,229 | -$21,054 | -$19,824 | -$18,537 | -$17,189 | -$15,778 |
| Returns | ||||||||||
| Property Price Appreciation | $44,045 | $46,247 | $48,559 | $50,987 | $53,536 | $56,213 | $59,024 | $61,975 | $65,074 | $68,328 |
| Mortgage Paydown | - | $9,101 | $11,402 | $11,950 | $12,524 | $13,126 | $13,757 | $14,418 | $15,111 | $15,838 |
| Net Cash Flow | - | -$21,066 | -$24,421 | -$23,350 | -$22,229 | -$21,054 | -$19,824 | -$18,537 | -$17,189 | -$15,778 |
| Total Return | $44,045 | $34,282 | $35,540 | $39,587 | $43,832 | $48,285 | $52,956 | $57,857 | $62,996 | $68,388 |
| Cumulative Return | $44,045 | $78,327 | $113,867 | $153,455 | $197,287 | $245,573 | $298,530 | $356,387 | $419,384 | $487,772 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 40.0% | 36.3% | 50.1% | 64.1% | 78.4% | 92.7% | 107.1% | 121.6% | 136.1% | 150.5% |
| Cash On Cash | - | -9.8% | -10.7% | -9.8% | -8.8% | -7.9% | -7.1% | -6.3% | -5.6% | -4.9% |
