M5 Condos - 454 Burnhamthorpe Rd W - p_1b_f_689 - Mississauga, ON, L5B 0E3
1.0 Beds
2 Baths
689 sqft
1.0 Beds
2 Baths
689 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $157,980 |
Mortgage Amount | $631,920 |
Mortgage Payment % | $3,278 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,343 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $761 |
Net Operating Income | $581 |
Debt Service | |
Mortgage Payment | $3,278 |
Net Cash Flow | -$2,697 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $78,990 | $78,990 | - | - | - | - | - | - | - | - |
Closing Costs | $28,773 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $2,414 | $9,948 | $10,426 | $10,927 | $11,452 | $12,002 | $12,579 | $13,184 | $13,818 | $14,482 |
Total | $110,177 | $88,938 | $10,426 | $10,927 | $11,452 | $12,002 | $12,579 | $13,184 | $13,818 | $14,482 |
Cash Invested | $110,177 | $199,115 | $209,542 | $220,469 | $231,922 | $243,925 | $256,504 | $269,689 | $283,507 | $297,990 |
Rental Cash Flows | ||||||||||
Rent and other income | $4,030 | $16,295 | $16,996 | $17,727 | $18,489 | $19,284 | $20,114 | $20,978 | $21,881 | $22,821 |
Operating Expenses | -$2,285 | -$9,198 | -$9,416 | -$9,641 | -$9,871 | -$10,108 | -$10,351 | -$10,600 | -$10,857 | -$11,121 |
Mortgage Payment | -$9,836 | -$39,345 | -$39,345 | -$39,345 | -$39,345 | -$39,345 | -$39,345 | -$39,345 | -$39,345 | -$39,345 |
Net Cash Flow | -$8,091 | -$32,247 | -$31,765 | -$31,258 | -$30,726 | -$30,168 | -$29,582 | -$28,967 | -$28,321 | -$27,644 |
Returns | ||||||||||
Property Price Appreciation | $39,495 | $41,469 | $43,543 | $45,720 | $48,006 | $50,406 | $52,927 | $55,573 | $58,352 | $61,269 |
Mortgage Paydown | $2,414 | $9,948 | $10,426 | $10,927 | $11,452 | $12,002 | $12,579 | $13,184 | $13,818 | $14,482 |
Net Cash Flow | -$8,091 | -$32,247 | -$31,765 | -$31,258 | -$30,726 | -$30,168 | -$29,582 | -$28,967 | -$28,321 | -$27,644 |
Total Return | $33,818 | $19,170 | $22,204 | $25,388 | $28,732 | $32,241 | $35,924 | $39,790 | $43,848 | $48,107 |
Cumulative Return | $33,818 | $52,988 | $75,193 | $100,581 | $129,314 | $161,555 | $197,479 | $237,270 | $281,119 | $329,226 |
Investment Metrics | ||||||||||
Cumulative ROI | 30.7% | 26.6% | 35.9% | 45.6% | 55.8% | 66.2% | 77.0% | 88.0% | 99.2% | 110.5% |
Cash On Cash | -7.3% | -16.2% | -15.2% | -14.2% | -13.2% | -12.4% | -11.5% | -10.7% | -10.0% | -9.3% |