2.0 Beds
1 Bath
486 sqft
Pickering ON, L1V 1B8
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $106,000 |
| Mortgage Amount | $424,000 |
| Mortgage Payment % | $2,199 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,184 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $625 |
| Net Operating Income | $559 |
| Debt Service | |
| Mortgage Payment | $2,199 |
| Net Cash Flow | -$1,640 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $66,250 | $39,750 | - | - | - | - | - | - | - | - |
| Closing Costs | $23,575 | - | - | - | - | - | - | - | - | - |
| Mortgage Paydown | $1,620 | $6,674 | $6,995 | $7,331 | $7,684 | $8,053 | $8,440 | $8,846 | $9,271 | $9,717 |
| Total | $91,445 | $46,424 | $6,995 | $7,331 | $7,684 | $8,053 | $8,440 | $8,846 | $9,271 | $9,717 |
| Cash Invested | $91,445 | $137,870 | $144,865 | $152,197 | $159,882 | $167,935 | $176,376 | $185,222 | $194,494 | $204,211 |
| Rental Cash Flows | ||||||||||
| Rent and other income | $3,553 | $14,368 | $14,986 | $15,630 | $16,302 | $17,003 | $17,734 | $18,497 | $19,292 | $20,122 |
| Operating Expenses | -$1,875 | -$7,548 | -$7,730 | -$7,916 | -$8,107 | -$8,304 | -$8,506 | -$8,714 | -$8,928 | -$9,147 |
| Mortgage Payment | -$6,599 | -$26,399 | -$26,399 | -$26,399 | -$26,399 | -$26,399 | -$26,399 | -$26,399 | -$26,399 | -$26,399 |
| Net Cash Flow | -$4,921 | -$19,579 | -$19,143 | -$18,685 | -$18,204 | -$17,700 | -$17,171 | -$16,616 | -$16,034 | -$15,424 |
| Returns | ||||||||||
| Property Price Appreciation | $26,500 | $27,824 | $29,216 | $30,677 | $32,210 | $33,821 | $35,512 | $37,288 | $39,152 | $41,110 |
| Mortgage Paydown | $1,620 | $6,674 | $6,995 | $7,331 | $7,684 | $8,053 | $8,440 | $8,846 | $9,271 | $9,717 |
| Net Cash Flow | -$4,921 | -$19,579 | -$19,143 | -$18,685 | -$18,204 | -$17,700 | -$17,171 | -$16,616 | -$16,034 | -$15,424 |
| Total Return | $23,198 | $14,920 | $17,068 | $19,323 | $21,690 | $24,174 | $26,781 | $29,517 | $32,389 | $35,402 |
| Cumulative Return | $23,198 | $38,118 | $55,187 | $74,510 | $96,201 | $120,375 | $147,157 | $176,675 | $209,064 | $244,467 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 25.4% | 27.6% | 38.1% | 49.0% | 60.2% | 71.7% | 83.4% | 95.4% | 107.5% | 119.7% |
| Cash On Cash | -5.4% | -14.2% | -13.2% | -12.3% | -11.4% | -10.5% | -9.7% | -9.0% | -8.2% | -7.6% |
6.5%
Price change (1 year)
9.51%
Price change (5 years)
6.5%
Price change (1 year)
9.51%
Price change (5 years)
