2.0 Beds
2 Baths
620 sqft
Pickering ON, L1V 7G5
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $137,998 |
| Mortgage Amount | $551,992 |
| Mortgage Payment % | $2,864 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,511 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $739 |
| Net Operating Income | $771 |
| Debt Service | |
| Mortgage Payment | $2,864 |
| Net Cash Flow | -$2,092 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $68,996 | $17,249 | $51,748 | - | - | - | - | - | - | - |
| Closing Costs | - | - | $26,779 | - | - | - | - | - | - | - |
| Mortgage Paydown | - | - | $2,818 | $8,723 | $9,143 | $9,582 | $10,043 | $10,525 | $11,031 | $11,562 |
| Total | $68,996 | $17,249 | $81,345 | $8,723 | $9,143 | $9,582 | $10,043 | $10,525 | $11,031 | $11,562 |
| Cash Invested | $68,996 | $86,245 | $167,590 | $176,313 | $185,457 | $195,039 | $205,082 | $215,608 | $226,640 | $238,202 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | $6,045 | $18,394 | $19,185 | $20,010 | $20,871 | $21,768 | $22,704 | $23,681 |
| Operating Expenses | - | - | -$2,957 | -$8,943 | -$9,161 | -$9,385 | -$9,615 | -$9,852 | -$10,095 | -$10,345 |
| Mortgage Payment | - | - | -$11,456 | -$34,368 | -$34,368 | -$34,368 | -$34,368 | -$34,368 | -$34,368 | -$34,368 |
| Net Cash Flow | - | - | -$8,368 | -$24,917 | -$24,344 | -$23,743 | -$23,113 | -$22,452 | -$21,759 | -$21,033 |
| Returns | ||||||||||
| Property Price Appreciation | $34,499 | $36,224 | $38,035 | $39,937 | $41,934 | $44,031 | $46,232 | $48,544 | $50,971 | $53,520 |
| Mortgage Paydown | - | - | $2,818 | $8,723 | $9,143 | $9,582 | $10,043 | $10,525 | $11,031 | $11,562 |
| Net Cash Flow | - | - | -$8,368 | -$24,917 | -$24,344 | -$23,743 | -$23,113 | -$22,452 | -$21,759 | -$21,033 |
| Total Return | $34,499 | $36,224 | $32,485 | $23,743 | $26,733 | $29,870 | $33,162 | $36,618 | $40,243 | $44,048 |
| Cumulative Return | $34,499 | $70,723 | $103,209 | $126,953 | $153,686 | $183,556 | $216,719 | $253,337 | $293,581 | $337,630 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 50.0% | 82.0% | 61.6% | 72.0% | 82.9% | 94.1% | 105.7% | 117.5% | 129.5% | 141.7% |
| Cash On Cash | - | - | -5.0% | -14.1% | -13.1% | -12.2% | -11.3% | -10.4% | -9.6% | -8.8% |
