M5 Condos - 454 Burnhamthorpe Rd W - p_2b_m_770 - Mississauga, ON, L5B 0E3
2.0 Beds
2 Baths
770 sqft
2.0 Beds
2 Baths
770 sqft
MULTIMEDIA
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $181,980 |
Mortgage Amount | $727,920 |
Mortgage Payment % | $3,776 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,876 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $893 |
Net Operating Income | $983 |
Debt Service | |
Mortgage Payment | $3,776 |
Net Cash Flow | -$2,793 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $90,990 | $90,990 | - | - | - | - | - | - | - | - |
Closing Costs | $31,173 | - | - | - | - | - | - | - | - | - |
Mortgage Paydown | $2,781 | $11,459 | $12,010 | $12,587 | $13,192 | $13,826 | $14,491 | $15,187 | $15,917 | $16,682 |
Total | $124,944 | $102,449 | $12,010 | $12,587 | $13,192 | $13,826 | $14,491 | $15,187 | $15,917 | $16,682 |
Cash Invested | $124,944 | $227,394 | $239,404 | $251,991 | $265,184 | $279,010 | $293,501 | $308,688 | $324,606 | $341,289 |
Rental Cash Flows | ||||||||||
Rent and other income | $5,630 | $22,764 | $23,743 | $24,764 | $25,829 | $26,940 | $28,098 | $29,306 | $30,566 | $31,881 |
Operating Expenses | -$2,679 | -$10,782 | -$11,046 | -$11,317 | -$11,596 | -$11,883 | -$12,177 | -$12,481 | -$12,793 | -$13,113 |
Mortgage Payment | -$11,330 | -$45,322 | -$45,322 | -$45,322 | -$45,322 | -$45,322 | -$45,322 | -$45,322 | -$45,322 | -$45,322 |
Net Cash Flow | -$8,379 | -$33,339 | -$32,625 | -$31,875 | -$31,089 | -$30,265 | -$29,402 | -$28,496 | -$27,548 | -$26,555 |
Returns | ||||||||||
Property Price Appreciation | $45,495 | $47,769 | $50,158 | $52,666 | $55,299 | $58,064 | $60,967 | $64,016 | $67,216 | $70,577 |
Mortgage Paydown | $2,781 | $11,459 | $12,010 | $12,587 | $13,192 | $13,826 | $14,491 | $15,187 | $15,917 | $16,682 |
Net Cash Flow | -$8,379 | -$33,339 | -$32,625 | -$31,875 | -$31,089 | -$30,265 | -$29,402 | -$28,496 | -$27,548 | -$26,555 |
Total Return | $39,897 | $25,889 | $29,543 | $33,378 | $37,402 | $41,625 | $46,056 | $50,706 | $55,585 | $60,705 |
Cumulative Return | $39,897 | $65,786 | $95,330 | $128,708 | $166,110 | $207,735 | $253,792 | $304,499 | $360,084 | $420,789 |
Investment Metrics | ||||||||||
Cumulative ROI | 31.9% | 28.9% | 39.8% | 51.1% | 62.6% | 74.5% | 86.5% | 98.6% | 110.9% | 123.3% |
Cash On Cash | -6.7% | -14.7% | -13.6% | -12.6% | -11.7% | -10.8% | -10.0% | -9.2% | -8.5% | -7.8% |