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  • Hamilton

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    Mark Vanderlinden
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    The document presents financial projections for a 25-year period for a triplex property purchased for $650,000 in Oshawa. It shows rental income, expenses, mortgage details, annual cash flows, and internal rate of return. The analysis calculates an internal rate of return of 15.3% over the holding period with positive cash flows each year and a sale of the property at the end of year 25 for a total return of over $1 million.

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    Model for Triplex purchase

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    hamilton

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    The document presents financial projections for a 25-year period for a triplex property purchased for $650,000 in Oshawa. It shows rental income, expenses, mortgage details, annual cash flows, and internal rate of return. The analysis calculates an internal rate of return of 15.3% over the holding period with positive cash flows each year and a sale of the property at the end of year 25 for a total return of over $1 million.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    6 views4 pages

    Hamilton

    Uploaded by

    Mark Vanderlinden
    The document presents financial projections for a 25-year period for a triplex property purchased for $650,000 in Oshawa. It shows rental income, expenses, mortgage details, annual cash flows, and internal rate of return. The analysis calculates an internal rate of return of 15.3% over the holding period with positive cash flows each year and a sale of the property at the end of year 25 for a total return of over $1 million.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Oshawa Triplex

    Purchase Price 650,000


    Gross Rent 54,000
    Expenses 12,528
    Am Period 25
    CHMC 4%
    Interest Rate 3.54%
    Down Payment 6%
    Mortgage Payment 3,195
    Assumed Closing Costs 3,000
    Land Transfer Tax 9,475

    Year 1 Year 2 Year 3 Year 4


    NOI, Full Occupancy 41,472 42,301 43,147 44,010
    Vacancy & Legals Estimate 10% 10% 10% 10%
    Inflation Scaler 2% 2% 2% 2%
    NOI, Vacancy Adjusted 37,325 38,071 38,833 39,609

    Mortgage Payment 3,195 3,195 3,195 3,195

    Mortgage Roll
    Principal, Opening 635,440 619,597 603,193 586,208
    Interest Paid 22,495 21,934 21,353 20,752
    Principal Paid 15,843 16,404 16,985 17,586
    Principal, Closing 619,597 603,193 586,208 568,622

    EXCESS (DEFICIT) (1,013) (266) 495 1,272


    EXCESS (DEFICIT) - NO VAC. 3,134 3,964 4,810 5,673

    IRR 0 0.5 1.5 2.5 3.5


    Exit Cap Rate 6.0%
    8/30/2018 4/9/2019 4/9/2020 4/9/2021 4/9/2022
    Purchase Cash (51,475)
    Excess (Deficit) Cash From Property (1,013) (266) 495 1,272
    Cash on Sale
    Total (51,475) (1,013) (266) 495 1,272

    Pre-Tax IRR 15.3%


    Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12
    44,891 45,788 46,704 47,638 48,591 49,563 50,554 51,565
    10% 10% 10% 10% 10% 10% 10% 10%
    2% 2% 2% 2% 2% 2% 2% 2%
    40,402 41,210 42,034 42,874 43,732 44,607 45,499 46,409

    3,195 3,195 3,195 3,195 3,195 3,195 3,195 3,259

    568,622 550,414 531,561 512,040 491,829 470,902 449,234 426,799


    20,129 19,485 18,817 18,126 17,411 16,670 15,903 15,109
    18,209 18,853 19,520 20,212 20,927 21,668 22,435 23,996
    550,414 531,561 512,040 491,829 470,902 449,234 426,799 402,803

    2,064 2,872 3,696 4,537 5,394 6,269 7,161 7,304


    6,553 7,451 8,366 9,301 10,253 11,225 12,216 12,461

    4.5 5.5 6.5 7.5 8.5 9.5 10.5 11.5

    4/9/2023 4/9/2024 4/9/2025 4/9/2026 4/9/2027 4/9/2028 4/9/2029 4/9/2030

    2,064 2,872 3,696 4,537 5,394 6,269 7,161 7,304

    2,064 2,872 3,696 4,537 5,394 6,269 7,161 7,304


    Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20
    52,597 53,648 54,721 55,816 56,932 58,071 59,232 60,417
    10% 10% 10% 10% 10% 10% 10% 10%
    2% 2% 2% 2% 2% 2% 2% 2%
    47,337 48,284 49,249 50,234 51,239 52,264 53,309 54,375

    3,324 3,390 3,458 3,527 3,598 3,670 3,743 3,818

    402,803 377,176 349,844 320,730 289,756 256,839 221,893 184,829


    14,259 13,352 12,384 11,354 10,257 9,092 7,855 6,543
    25,627 27,332 29,114 30,974 32,917 34,946 37,064 39,274
    377,176 349,844 320,730 289,756 256,839 221,893 184,829 145,555

    7,450 7,599 7,751 7,906 8,064 8,226 8,390 8,558


    12,710 12,964 13,223 13,488 13,758 14,033 14,313 14,600

    12.5 13.5 14.5 15.5 16.5 17.5 18.5 19.5

    4/9/2031 4/9/2032 4/9/2033 4/9/2034 4/9/2035 4/9/2036 4/9/2037 4/9/2038

    7,450 7,599 7,751 7,906 8,064 8,226 8,390 8,558

    7,450 7,599 7,751 7,906 8,064 8,226 8,390 8,558


    Year 21 Year 22 Year 23 Year 24 Year 25
    61,625 62,858 64,115 65,397 66,705
    10% 10% 10% 10% 10%
    2% 2% 2% 2% 2%
    55,463 56,572 57,703 58,857 60,035

    3,894 3,972 4,052 1 1

    145,555 103,974 59,987 13,489 -


    5,153 3,681 2,124 477 -
    41,581 43,987 46,498 (465) 12
    103,974 59,987 13,489

    8,729 8,904 9,082 58,845 60,023


    14,892 15,190 15,493 65,385 66,693

    20.5 21.5 22.5 23.5 24.5

    4/9/2039 4/9/2040 4/9/2041 4/9/2042 4/9/2043

    8,729 8,904 9,082 58,845 60,023


    950,548
    8,729 8,904 9,082 58,845 1,010,570

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