2.0 Beds
2 Baths
897 sqft
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $323,860 |
| Mortgage Amount | $1,218,340 |
| Mortgage Payment % | $6,321 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $2,186 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $1,259 |
| Net Operating Income | $926 |
| Debt Service | |
| Mortgage Payment | $6,321 |
| Net Cash Flow | -$5,394 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $308,440 | - | $15,422 | - | - | - | - | - | - | - |
| Closing Costs | - | - | - | $71,138 | - | - | - | - | - | - |
| Mortgage Paydown | - | - | - | $17,342 | $19,789 | $20,740 | $21,737 | $22,782 | $23,877 | $25,025 |
| Total | $308,440 | $0 | $15,422 | $88,480 | $19,789 | $20,740 | $21,737 | $22,782 | $23,877 | $25,025 |
| Cash Invested | $308,440 | $308,440 | $323,862 | $412,342 | $432,131 | $452,872 | $474,610 | $497,392 | $521,269 | $546,295 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | - | $24,050 | $27,271 | $28,444 | $29,667 | $30,942 | $32,273 | $33,661 |
| Operating Expenses | - | - | - | -$13,855 | -$15,443 | -$15,809 | -$16,186 | -$16,573 | -$16,970 | -$17,378 |
| Mortgage Payment | - | - | - | -$69,536 | -$75,857 | -$75,857 | -$75,857 | -$75,857 | -$75,857 | -$75,857 |
| Net Cash Flow | - | - | - | -$59,340 | -$64,029 | -$63,223 | -$62,376 | -$61,487 | -$60,554 | -$59,574 |
| Returns | ||||||||||
| Property Price Appreciation | $77,110 | $80,965 | $85,013 | $89,264 | $93,727 | $98,414 | $103,334 | $108,501 | $113,926 | $119,622 |
| Mortgage Paydown | - | - | - | $17,342 | $19,789 | $20,740 | $21,737 | $22,782 | $23,877 | $25,025 |
| Net Cash Flow | - | - | - | -$59,340 | -$64,029 | -$63,223 | -$62,376 | -$61,487 | -$60,554 | -$59,574 |
| Total Return | $77,110 | $80,965 | $85,013 | $47,266 | $49,488 | $55,931 | $62,695 | $69,796 | $77,249 | $85,073 |
| Cumulative Return | $77,110 | $158,075 | $243,089 | $290,355 | $339,843 | $395,775 | $458,470 | $528,266 | $605,516 | $690,589 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 25.0% | 51.3% | 75.1% | 70.4% | 78.6% | 87.4% | 96.6% | 106.2% | 116.2% | 126.4% |
| Cash On Cash | - | - | - | -14.4% | -14.8% | -14.0% | -13.1% | -12.4% | -11.6% | -10.9% |
