Freed Hotel & Residences - 240 Adelaide St W - 2_4 - Toronto, ON, M5H 1W7
2.0 Beds
2 Baths
733 sqft
2.0 Beds
2 Baths
733 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $281,980 |
Mortgage Amount | $1,127,920 |
Mortgage Payment % | $5,852 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,786 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $1,154 |
Net Operating Income | $632 |
Debt Service | |
Mortgage Payment | $5,852 |
Net Cash Flow | -$5,220 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $140,990 | $35,247 | - | $35,247 | $70,495 | - | - | - | - | - |
Closing Costs | - | - | - | - | $65,846 | - | - | - | - | - |
Mortgage Paydown | - | - | - | - | $1,431 | $17,617 | $18,464 | $19,352 | $20,282 | $21,257 |
Total | $140,990 | $35,247 | $0 | $35,247 | $137,772 | $17,617 | $18,464 | $19,352 | $20,282 | $21,257 |
Cash Invested | $140,990 | $176,237 | $176,237 | $211,484 | $349,256 | $366,874 | $385,338 | $404,691 | $424,973 | $446,230 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | - | - | $1,786 | $21,517 | $22,442 | $23,407 | $24,413 | $25,463 |
Operating Expenses | - | - | - | - | -$1,154 | -$13,882 | -$14,205 | -$14,537 | -$14,878 | -$15,227 |
Mortgage Payment | - | - | - | - | -$5,852 | -$70,227 | -$70,227 | -$70,227 | -$70,227 | -$70,227 |
Net Cash Flow | - | - | - | - | -$5,220 | -$62,593 | -$61,991 | -$61,357 | -$60,691 | -$59,991 |
Returns | ||||||||||
Property Price Appreciation | $70,495 | $74,019 | $77,720 | $81,606 | $85,687 | $89,971 | $94,470 | $99,193 | $104,153 | $109,360 |
Mortgage Paydown | - | - | - | - | $1,431 | $17,617 | $18,464 | $19,352 | $20,282 | $21,257 |
Net Cash Flow | - | - | - | - | -$5,220 | -$62,593 | -$61,991 | -$61,357 | -$60,691 | -$59,991 |
Total Return | $70,495 | $74,019 | $77,720 | $81,606 | $81,898 | $44,996 | $50,943 | $57,187 | $63,743 | $70,626 |
Cumulative Return | $70,495 | $144,514 | $222,235 | $303,842 | $385,740 | $430,736 | $481,680 | $538,868 | $602,612 | $673,238 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 126.1% | 143.7% | 110.4% | 117.4% | 125.0% | 133.2% | 141.8% | 150.9% |
Cash On Cash | - | - | - | - | -1.5% | -17.1% | -16.1% | -15.2% | -14.3% | -13.4% |