Freed Hotel & Residences - 240 Adelaide St W - 2_4_bf - Toronto, ON, M5H 1W7
2.0 Beds
2 Baths
758 sqft
2.0 Beds
2 Baths
758 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $285,980 |
Mortgage Amount | $1,143,920 |
Mortgage Payment % | $5,935 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,847 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $1,187 |
Net Operating Income | $660 |
Debt Service | |
Mortgage Payment | $5,935 |
Net Cash Flow | -$5,274 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $142,990 | $35,747 | - | $35,747 | $71,495 | - | - | - | - | - |
Closing Costs | - | - | - | - | $66,646 | - | - | - | - | - |
Mortgage Paydown | - | - | - | - | $1,451 | $17,867 | $18,726 | $19,626 | $20,570 | $21,558 |
Total | $142,990 | $35,747 | $0 | $35,747 | $139,592 | $17,867 | $18,726 | $19,626 | $20,570 | $21,558 |
Cash Invested | $142,990 | $178,737 | $178,737 | $214,484 | $354,076 | $371,944 | $390,671 | $410,297 | $430,868 | $452,426 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | - | - | $1,847 | $22,250 | $23,207 | $24,205 | $25,246 | $26,332 |
Operating Expenses | - | - | - | - | -$1,187 | -$14,271 | -$14,604 | -$14,945 | -$15,296 | -$15,655 |
Mortgage Payment | - | - | - | - | -$5,935 | -$71,223 | -$71,223 | -$71,223 | -$71,223 | -$71,223 |
Net Cash Flow | - | - | - | - | -$5,274 | -$63,244 | -$62,620 | -$61,963 | -$61,273 | -$60,547 |
Returns | ||||||||||
Property Price Appreciation | $71,495 | $75,069 | $78,823 | $82,764 | $86,902 | $91,247 | $95,810 | $100,600 | $105,630 | $110,912 |
Mortgage Paydown | - | - | - | - | $1,451 | $17,867 | $18,726 | $19,626 | $20,570 | $21,558 |
Net Cash Flow | - | - | - | - | -$5,274 | -$63,244 | -$62,620 | -$61,963 | -$61,273 | -$60,547 |
Total Return | $71,495 | $75,069 | $78,823 | $82,764 | $83,079 | $45,870 | $51,916 | $58,263 | $64,927 | $71,923 |
Cumulative Return | $71,495 | $146,564 | $225,387 | $308,152 | $391,231 | $437,102 | $489,019 | $547,282 | $612,209 | $684,133 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 126.1% | 143.7% | 110.5% | 117.5% | 125.2% | 133.4% | 142.1% | 151.2% |
Cash On Cash | - | - | - | - | -1.5% | -17.0% | -16.0% | -15.1% | -14.2% | -13.4% |