2.5 Beds
2 Baths
957 sqft
Milton ON, L9T 2X5
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $186,380 |
| Mortgage Amount | $745,520 |
| Mortgage Payment % | $3,868 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $2,784 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $1,141 |
| Net Operating Income | $1,643 |
| Debt Service | |
| Mortgage Payment | $3,868 |
| Net Cash Flow | -$2,224 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $116,487 | $23,297 | - | - | - | - | - | - | - | - |
| Closing Costs | - | $78,209 | - | - | - | - | - | - | - | - |
| Mortgage Paydown | - | $9,628 | $12,062 | $12,642 | $13,249 | $13,886 | $14,553 | $15,253 | $15,986 | $16,754 |
| Total | $116,487 | $111,134 | $12,062 | $12,642 | $13,249 | $13,886 | $14,553 | $15,253 | $15,986 | $16,754 |
| Cash Invested | $116,487 | $227,621 | $239,683 | $252,325 | $265,575 | $279,461 | $294,015 | $309,268 | $325,255 | $342,010 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | $27,848 | $34,615 | $36,104 | $37,656 | $39,276 | $40,965 | $42,726 | $44,563 | $46,480 |
| Operating Expenses | - | -$11,411 | -$13,981 | -$14,334 | -$14,698 | -$15,073 | -$15,458 | -$15,854 | -$16,263 | -$16,683 |
| Mortgage Payment | - | -$38,681 | -$46,418 | -$46,418 | -$46,418 | -$46,418 | -$46,418 | -$46,418 | -$46,418 | -$46,418 |
| Net Cash Flow | - | -$22,244 | -$25,783 | -$24,648 | -$23,460 | -$22,215 | -$20,911 | -$19,546 | -$18,117 | -$16,621 |
| Returns | ||||||||||
| Property Price Appreciation | $46,595 | $48,924 | $51,370 | $53,939 | $56,636 | $59,468 | $62,441 | $65,563 | $68,842 | $72,284 |
| Mortgage Paydown | - | $9,628 | $12,062 | $12,642 | $13,249 | $13,886 | $14,553 | $15,253 | $15,986 | $16,754 |
| Net Cash Flow | - | -$22,244 | -$25,783 | -$24,648 | -$23,460 | -$22,215 | -$20,911 | -$19,546 | -$18,117 | -$16,621 |
| Total Return | $46,595 | $36,308 | $37,649 | $41,932 | $46,426 | $51,139 | $56,084 | $61,270 | $66,710 | $72,417 |
| Cumulative Return | $46,595 | $82,903 | $120,552 | $162,485 | $208,911 | $260,051 | $316,135 | $377,405 | $444,116 | $516,534 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 40.0% | 36.4% | 50.3% | 64.4% | 78.7% | 93.1% | 107.5% | 122.0% | 136.5% | 151.0% |
| Cash On Cash | - | -9.8% | -10.8% | -9.8% | -8.8% | -7.9% | -7.1% | -6.3% | -5.6% | -4.9% |
