Thompson Towers
- th1315_spring_tower
130 Thompson Rd S
Milton ON, L9T 2X5
2.0 Beds
3 Baths
1315 sqft
Milton ON, L9T 2X5
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $230,780 |
Mortgage Amount | $923,120 |
Mortgage Payment % | $4,789 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $3,205 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $1,478 |
Net Operating Income | $1,727 |
Debt Service | |
Mortgage Payment | $4,789 |
Net Cash Flow | -$3,062 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $144,237 | $28,847 | - | - | - | - | - | - | - | - |
Closing Costs | - | $93,749 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $11,921 | $14,935 | $15,653 | $16,405 | $17,194 | $18,020 | $18,887 | $19,794 | $20,746 |
Total | $144,237 | $134,517 | $14,935 | $15,653 | $16,405 | $17,194 | $18,020 | $18,887 | $19,794 | $20,746 |
Cash Invested | $144,237 | $278,754 | $293,690 | $309,344 | $325,750 | $342,944 | $360,965 | $379,852 | $399,647 | $420,394 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $32,053 | $39,842 | $41,555 | $43,342 | $45,205 | $47,149 | $49,177 | $51,291 | $53,497 |
Operating Expenses | - | -$14,780 | -$18,100 | -$18,547 | -$19,006 | -$19,478 | -$19,964 | -$20,463 | -$20,977 | -$21,505 |
Mortgage Payment | - | -$47,896 | -$57,476 | -$57,476 | -$57,476 | -$57,476 | -$57,476 | -$57,476 | -$57,476 | -$57,476 |
Net Cash Flow | - | -$30,624 | -$35,734 | -$34,468 | -$33,140 | -$31,748 | -$30,290 | -$28,762 | -$27,161 | -$25,484 |
Returns | ||||||||||
Property Price Appreciation | $57,695 | $60,579 | $63,608 | $66,789 | $70,128 | $73,635 | $77,316 | $81,182 | $85,241 | $89,503 |
Mortgage Paydown | - | $11,921 | $14,935 | $15,653 | $16,405 | $17,194 | $18,020 | $18,887 | $19,794 | $20,746 |
Net Cash Flow | - | -$30,624 | -$35,734 | -$34,468 | -$33,140 | -$31,748 | -$30,290 | -$28,762 | -$27,161 | -$25,484 |
Total Return | $57,695 | $41,877 | $42,809 | $47,974 | $53,394 | $59,080 | $65,047 | $71,307 | $77,875 | $84,765 |
Cumulative Return | $57,695 | $99,572 | $142,382 | $190,356 | $243,750 | $302,831 | $367,879 | $439,186 | $517,061 | $601,827 |
Investment Metrics | ||||||||||
Cumulative ROI | 40.0% | 35.7% | 48.5% | 61.5% | 74.8% | 88.3% | 101.9% | 115.6% | 129.4% | 143.2% |
Cash On Cash | - | -11.0% | -12.2% | -11.1% | -10.2% | -9.3% | -8.4% | -7.6% | -6.8% | -6.1% |
-5.94%
Price change (1 year)
19.06%
Price change (5 years)
-0.34%
Price change (1 year)
35.42%
Price change (5 years)