2.0 Beds
2 Baths
967 sqft
Toronto ON, M9A 3J9
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $236,000 |
| Mortgage Amount | $944,000 |
| Mortgage Payment % | $4,898 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $2,344 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $1,228 |
| Net Operating Income | $1,116 |
| Debt Service | |
| Mortgage Payment | $4,898 |
| Net Cash Flow | -$3,781 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $236,000 | - | - | - | - | - | - | - | - | - |
| Closing Costs | $56,650 | - | - | - | - | - | - | - | - | - |
| Mortgage Paydown | $8,483 | $15,095 | $15,820 | $16,581 | $17,378 | $18,213 | $19,089 | $20,006 | $20,968 | $21,975 |
| Total | $301,133 | $15,095 | $15,820 | $16,581 | $17,378 | $18,213 | $19,089 | $20,006 | $20,968 | $21,975 |
| Cash Invested | $301,133 | $316,229 | $332,050 | $348,631 | $366,009 | $384,223 | $403,312 | $423,318 | $444,286 | $466,262 |
| Rental Cash Flows | ||||||||||
| Rent and other income | $16,414 | $28,845 | $30,085 | $31,379 | $32,728 | $34,136 | $35,604 | $37,135 | $38,731 | $40,397 |
| Operating Expenses | -$8,597 | -$14,944 | -$15,305 | -$15,675 | -$16,056 | -$16,447 | -$16,848 | -$17,261 | -$17,686 | -$18,122 |
| Mortgage Payment | -$34,286 | -$58,776 | -$58,776 | -$58,776 | -$58,776 | -$58,776 | -$58,776 | -$58,776 | -$58,776 | -$58,776 |
| Net Cash Flow | -$26,468 | -$44,875 | -$43,995 | -$43,072 | -$42,103 | -$41,087 | -$40,020 | -$38,902 | -$37,730 | -$36,501 |
| Returns | ||||||||||
| Property Price Appreciation | $59,000 | $61,949 | $65,047 | $68,299 | $71,714 | $75,300 | $79,065 | $83,018 | $87,169 | $91,528 |
| Mortgage Paydown | $8,483 | $15,095 | $15,820 | $16,581 | $17,378 | $18,213 | $19,089 | $20,006 | $20,968 | $21,975 |
| Net Cash Flow | -$26,468 | -$44,875 | -$43,995 | -$43,072 | -$42,103 | -$41,087 | -$40,020 | -$38,902 | -$37,730 | -$36,501 |
| Total Return | $41,015 | $32,169 | $36,872 | $41,808 | $46,989 | $52,427 | $58,133 | $64,122 | $70,407 | $77,002 |
| Cumulative Return | $41,015 | $73,185 | $110,058 | $151,867 | $198,856 | $251,283 | $309,417 | $373,540 | $443,947 | $520,950 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 13.6% | 23.1% | 33.1% | 43.6% | 54.3% | 65.4% | 76.7% | 88.2% | 99.9% | 111.7% |
| Cash On Cash | -8.8% | -14.2% | -13.2% | -12.4% | -11.5% | -10.7% | -9.9% | -9.2% | -8.5% | -7.8% |
