Freed Hotel & Residences - 240 Adelaide St W - 2_8a - Toronto, ON, M5H 1W7
2.0 Beds
2 Baths
721 sqft
2.0 Beds
2 Baths
721 sqft
Mortgage | |
---|---|
Purchase Price | $ |
Down Payment % | $315,980 |
Mortgage Amount | $1,263,920 |
Mortgage Payment % | $6,557 |
Income | |
---|---|
Gross Rental Income | $ |
Vacancy Rate % | $ |
Other | $ |
Gross Operating Income | $1,757 |
Operating Expenses | |
Management Fees % | $ |
Property Tax | $ |
Repair Reserve % | $ |
Insurance | $ |
Condo/Strata Fees | $ |
Total Operating Expenses | $1,183 |
Net Operating Income | $573 |
Debt Service | |
Mortgage Payment | $6,557 |
Net Cash Flow | -$5,984 |
Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
---|---|---|---|---|---|---|---|---|---|---|
Investments | ||||||||||
Deposits | $157,990 | $39,497 | - | $39,497 | $78,995 | - | - | - | - | - |
Closing Costs | - | - | - | - | $72,646 | - | - | - | - | - |
Mortgage Paydown | - | - | - | - | $1,603 | $19,742 | $20,691 | $21,685 | $22,727 | $23,820 |
Total | $157,990 | $39,497 | $0 | $39,497 | $153,244 | $19,742 | $20,691 | $21,685 | $22,727 | $23,820 |
Cash Invested | $157,990 | $197,487 | $197,487 | $236,984 | $390,228 | $409,971 | $430,662 | $452,347 | $475,075 | $498,896 |
Rental Cash Flows | ||||||||||
Rent and other income | - | - | - | - | $1,757 | $21,164 | $22,074 | $23,024 | $24,014 | $25,046 |
Operating Expenses | - | - | - | - | -$1,183 | -$14,229 | -$14,558 | -$14,896 | -$15,243 | -$15,599 |
Mortgage Payment | - | - | - | - | -$6,557 | -$78,695 | -$78,695 | -$78,695 | -$78,695 | -$78,695 |
Net Cash Flow | - | - | - | - | -$5,984 | -$71,759 | -$71,179 | -$70,568 | -$69,924 | -$69,248 |
Returns | ||||||||||
Property Price Appreciation | $78,995 | $82,944 | $87,091 | $91,446 | $96,018 | $100,819 | $105,860 | $111,153 | $116,711 | $122,547 |
Mortgage Paydown | - | - | - | - | $1,603 | $19,742 | $20,691 | $21,685 | $22,727 | $23,820 |
Net Cash Flow | - | - | - | - | -$5,984 | -$71,759 | -$71,179 | -$70,568 | -$69,924 | -$69,248 |
Total Return | $78,995 | $82,944 | $87,091 | $91,446 | $91,638 | $48,802 | $55,372 | $62,271 | $69,514 | $77,119 |
Cumulative Return | $78,995 | $161,939 | $249,031 | $340,478 | $432,116 | $480,919 | $536,291 | $598,563 | $668,077 | $745,197 |
Investment Metrics | ||||||||||
Cumulative ROI | 50.0% | 82.0% | 126.1% | 143.7% | 110.7% | 117.3% | 124.5% | 132.3% | 140.6% | 149.4% |
Cash On Cash | - | - | - | - | -1.5% | -17.5% | -16.5% | -15.6% | -14.7% | -13.9% |