2.0 Beds
2 Baths
880 sqft
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $318,970 |
| Mortgage Amount | $1,199,930 |
| Mortgage Payment % | $6,225 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $2,145 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $1,237 |
| Net Operating Income | $908 |
| Debt Service | |
| Mortgage Payment | $6,225 |
| Net Cash Flow | -$5,317 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $303,780 | - | $15,189 | - | - | - | - | - | - | - |
| Closing Costs | - | - | - | $70,206 | - | - | - | - | - | - |
| Mortgage Paydown | - | - | - | $17,080 | $19,490 | $20,427 | $21,409 | $22,438 | $23,516 | $24,646 |
| Total | $303,780 | $0 | $15,189 | $87,286 | $19,490 | $20,427 | $21,409 | $22,438 | $23,516 | $24,646 |
| Cash Invested | $303,780 | $303,780 | $318,969 | $406,255 | $425,745 | $446,172 | $467,582 | $490,020 | $513,536 | $538,183 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | - | $23,595 | $26,754 | $27,905 | $29,104 | $30,356 | $31,661 | $33,023 |
| Operating Expenses | - | - | - | -$13,607 | -$15,166 | -$15,526 | -$15,896 | -$16,275 | -$16,665 | -$17,066 |
| Mortgage Payment | - | - | - | -$68,485 | -$74,711 | -$74,711 | -$74,711 | -$74,711 | -$74,711 | -$74,711 |
| Net Cash Flow | - | - | - | -$58,497 | -$63,122 | -$62,332 | -$61,502 | -$60,630 | -$59,715 | -$58,754 |
| Returns | ||||||||||
| Property Price Appreciation | $75,945 | $79,742 | $83,729 | $87,915 | $92,311 | $96,927 | $101,773 | $106,862 | $112,205 | $117,815 |
| Mortgage Paydown | - | - | - | $17,080 | $19,490 | $20,427 | $21,409 | $22,438 | $23,516 | $24,646 |
| Net Cash Flow | - | - | - | -$58,497 | -$63,122 | -$62,332 | -$61,502 | -$60,630 | -$59,715 | -$58,754 |
| Total Return | $75,945 | $79,742 | $83,729 | $46,498 | $48,679 | $55,022 | $61,680 | $68,669 | $76,006 | $83,708 |
| Cumulative Return | $75,945 | $155,687 | $239,416 | $285,915 | $334,594 | $389,616 | $451,297 | $519,966 | $595,973 | $679,682 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 25.0% | 51.3% | 75.1% | 70.4% | 78.6% | 87.3% | 96.5% | 106.1% | 116.1% | 126.3% |
| Cash On Cash | - | - | - | -14.4% | -14.8% | -14.0% | -13.2% | -12.4% | -11.6% | -10.9% |
