2 Beds
2 Baths
698 sqft
Vaughan ON, L4K 5C3
| Mortgage | |
|---|---|
| Purchase Price | $ |
| Down Payment % | $166,398 |
| Mortgage Amount | $665,592 |
| Mortgage Payment % | $3,453 |
| Income | |
|---|---|
| Gross Rental Income | $ |
| Vacancy Rate % | $ |
| Other | $ |
| Gross Operating Income | $1,701 |
| Operating Expenses | |
| Management Fees % | $ |
| Property Tax | $ |
| Repair Reserve % | $ |
| Insurance | $ |
| Condo/Strata Fees | $ |
| Total Operating Expenses | $874 |
| Net Operating Income | $826 |
| Debt Service | |
| Mortgage Payment | $3,453 |
| Net Cash Flow | -$2,626 |
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investments | ||||||||||
| Deposits | $83,197 | $20,799 | $20,799 | $41,599 | - | - | - | - | - | - |
| Closing Costs | - | - | - | - | $29,618 | - | - | - | - | - |
| Mortgage Paydown | - | - | - | - | $9,474 | $10,811 | $11,330 | $11,875 | $12,446 | $13,044 |
| Total | $83,197 | $20,799 | $20,799 | $41,599 | $39,092 | $10,811 | $11,330 | $11,875 | $12,446 | $13,044 |
| Cash Invested | $83,197 | $103,996 | $124,795 | $166,394 | $205,486 | $216,297 | $227,628 | $239,503 | $251,950 | $264,994 |
| Rental Cash Flows | ||||||||||
| Rent and other income | - | - | - | - | $18,715 | $21,221 | $22,133 | $23,085 | $24,078 | $25,113 |
| Operating Expenses | - | - | - | - | -$9,620 | -$10,727 | -$10,986 | -$11,253 | -$11,527 | -$11,809 |
| Mortgage Payment | - | - | - | - | -$37,988 | -$41,441 | -$41,441 | -$41,441 | -$41,441 | -$41,441 |
| Net Cash Flow | - | - | - | - | -$28,893 | -$30,947 | -$30,294 | -$29,609 | -$28,891 | -$28,137 |
| Returns | ||||||||||
| Property Price Appreciation | $41,599 | $43,679 | $45,863 | $48,156 | $50,564 | $53,092 | $55,747 | $58,534 | $61,461 | $64,534 |
| Mortgage Paydown | - | - | - | - | $9,474 | $10,811 | $11,330 | $11,875 | $12,446 | $13,044 |
| Net Cash Flow | - | - | - | - | -$28,893 | -$30,947 | -$30,294 | -$29,609 | -$28,891 | -$28,137 |
| Total Return | $41,599 | $43,679 | $45,863 | $48,156 | $31,145 | $32,956 | $36,783 | $40,800 | $45,016 | $49,441 |
| Cumulative Return | $41,599 | $85,278 | $131,142 | $179,299 | $210,444 | $243,400 | $280,183 | $320,984 | $366,000 | $415,441 |
| Investment Metrics | ||||||||||
| Cumulative ROI | 50.0% | 82.0% | 105.1% | 107.8% | 102.4% | 112.5% | 123.1% | 134.0% | 145.3% | 156.8% |
| Cash On Cash | - | - | - | - | -14.1% | -14.3% | -13.3% | -12.4% | -11.5% | -10.6% |
