2.0 Beds
2 Baths
725 sqft
Oakville ON, L6H 7G1
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $169,398 |
| Mortgage Amount | $677,592 |
| Mortgage Payment % | $3,515 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,767 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $845 |
| Net Operating Income | $921 |
| Debt Service | |
| Mortgage Payment | $3,515 |
| Net Cash Flow | -$2,593 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $127,046 | - | - | - | - | - | - | - | - | - |
| Closing Costs | - | $72,266 | - | - | - | - | - | - | - | - |
| Mortgage Paydown | - | $9,645 | $11,006 | $11,535 | $12,089 | $12,670 | $13,279 | $13,917 | $14,586 | $15,288 |
| Total | $127,046 | $81,911 | $11,006 | $11,535 | $12,089 | $12,670 | $13,279 | $13,917 | $14,586 | $15,288 |
| Cash Invested | $127,046 | $208,957 | $219,963 | $231,498 | $243,587 | $256,258 | $269,538 | $283,456 | $298,043 | $313,331 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | $19,439 | $22,042 | $22,989 | $23,978 | $25,009 | $26,084 | $27,206 | $28,376 | $29,596 |
| Operating Expenses | - | -$9,299 | -$10,371 | -$10,625 | -$10,887 | -$11,155 | -$11,432 | -$11,716 | -$12,008 | -$12,308 |
| Mortgage Payment | - | -$38,673 | -$42,188 | -$42,188 | -$42,188 | -$42,188 | -$42,188 | -$42,188 | -$42,188 | -$42,188 |
| Net Cash Flow | - | -$28,533 | -$30,518 | -$29,824 | -$29,097 | -$28,335 | -$27,536 | -$26,698 | -$25,820 | -$24,900 |
| Returns | ||||||||||
| Property Price Appreciation | $42,349 | $44,466 | $46,690 | $49,024 | $51,476 | $54,049 | $56,752 | $59,589 | $62,569 | $65,697 |
| Mortgage Paydown | - | $9,645 | $11,006 | $11,535 | $12,089 | $12,670 | $13,279 | $13,917 | $14,586 | $15,288 |
| Net Cash Flow | - | -$28,533 | -$30,518 | -$29,824 | -$29,097 | -$28,335 | -$27,536 | -$26,698 | -$25,820 | -$24,900 |
| Total Return | $42,349 | $25,578 | $27,177 | $30,735 | $34,468 | $38,385 | $42,495 | $46,809 | $51,335 | $56,085 |
| Cumulative Return | $42,349 | $67,928 | $95,106 | $125,841 | $160,309 | $198,694 | $241,190 | $288,000 | $339,335 | $395,421 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 33.3% | 32.5% | 43.2% | 54.4% | 65.8% | 77.5% | 89.5% | 101.6% | 113.9% | 126.2% |
| Cash On Cash | - | -13.7% | -13.9% | -12.9% | -11.9% | -11.1% | -10.2% | -9.4% | -8.7% | -7.9% |
