88 James - 84 James St - 2601 - St. Catharines, ON, L2R 5C1
1.5 Beds
1 Bath
530 sqft
1.5 Beds
1 Bath
530 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $99,578 |
Mortgage Amount | $398,310 |
Mortgage Payment % | $2,066 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,542 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $627 |
Net Operating Income | $914 |
Debt Service | |
Mortgage Payment | $2,066 |
Net Cash Flow | -$1,151 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $49,788 | $49,788 | - | - | - | - | - | - | - | - |
Closing Costs | - | $22,933 | - | - | - | - | - | - | - | - |
Mortgage Paydown | - | $505 | $6,221 | $6,520 | $6,834 | $7,162 | $7,506 | $7,867 | $8,245 | $8,641 |
Total | $49,788 | $73,227 | $6,221 | $6,520 | $6,834 | $7,162 | $7,506 | $7,867 | $8,245 | $8,641 |
Cash Invested | $49,788 | $123,015 | $129,236 | $135,757 | $142,591 | $149,753 | $157,260 | $165,127 | $173,373 | $182,015 |
Rental Cash Flows | ||||||||||
Rent and other income | - | $1,542 | $18,573 | $19,372 | $20,205 | $21,074 | $21,980 | $22,925 | $23,911 | $24,939 |
Operating Expenses | - | -$627 | -$7,545 | -$7,736 | -$7,932 | -$8,134 | -$8,341 | -$8,555 | -$8,775 | -$9,002 |
Mortgage Payment | - | -$2,066 | -$24,799 | -$24,799 | -$24,799 | -$24,799 | -$24,799 | -$24,799 | -$24,799 | -$24,799 |
Net Cash Flow | - | -$1,151 | -$13,771 | -$13,163 | -$12,526 | -$11,859 | -$11,161 | -$10,429 | -$9,663 | -$8,862 |
Returns | ||||||||||
Property Price Appreciation | $24,894 | $26,139 | $27,446 | $28,818 | $30,259 | $31,772 | $33,360 | $35,028 | $36,780 | $38,619 |
Mortgage Paydown | - | $505 | $6,221 | $6,520 | $6,834 | $7,162 | $7,506 | $7,867 | $8,245 | $8,641 |
Net Cash Flow | - | -$1,151 | -$13,771 | -$13,163 | -$12,526 | -$11,859 | -$11,161 | -$10,429 | -$9,663 | -$8,862 |
Total Return | $24,894 | $25,492 | $19,895 | $22,175 | $24,566 | $27,075 | $29,706 | $32,466 | $35,362 | $38,399 |
Cumulative Return | $24,894 | $50,387 | $70,282 | $92,458 | $117,024 | $144,099 | $173,806 | $206,272 | $241,634 | $280,034 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 41.0% | 54.4% | 68.1% | 82.1% | 96.2% | 110.5% | 124.9% | 139.4% | 153.9% |
Cash On Cash | - | -0.9% | -10.7% | -9.7% | -8.8% | -7.9% | -7.1% | -6.3% | -5.6% | -4.9% |