Dawson Townhouse Unfurnished
Property Report
Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Presented by:
Elizabeth (Eli) Chi Century 21 Energy Realty Ltd 10756 100 Street Fort St. John, BC V1J 3Z6 Office: (250) 785-8051 Mobile: FSJ: 778.256.2888 VAN: 778.888.9501 Fax: (250) 785-2551 [email protected] www.elichi.com
The information contained within this program is for discussion purposes only and is not to be relied upon without performing your own due diligence.
Check out www.century21.ca/eli.chi for more cash flow properties!
1
Overview Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Purchase Info Square Feet (2 Units) Purchase Price Initial Cash Invested Income Analysis Net Operating Income Cash Flow Financial Metrics Cap Rate (Purchase Price) Cash on Cash Return (Year 1) Internal Rate of Return (Year 10) Sale Price (Year 10)
1,400 $284,900 $78,348 Monthly $1,450 $552
Annual $17,398 $6,627
6.1% 8.5% 17.3% $382,882
Welcome to Crescent Heights! Located next to Leoppky Park and less than a block from Crescent Park Elementary School this 3 bdrm, 2 bath townhouse is a great starter home for a family, open concept floor plan in over 1400 sq ft. Kitchen includes built-in pantry and is made with custom maple cabinetry. All appliances are included along with a spacious in-suite laundry room. Delight in starting your vehicle on cold winter mornings in the single car garage attached, and enjoy the privacy of your own fenced and landscaped backyard. Great sound proofing between units and high quality exterior hardi plank siding. No strata fees!
Check out www.century21.ca/eli.chi for more cash flow properties!
2
Purchase Analysis Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Purchase Info
Income
Purchase Price
$284,900
- First Mortgage
($213,675)
- Second Mortgage
($0)
= Downpayment
$71,225
+ Buying Costs
$7,122
+ Initial Improvements
$0
= Initial Cash Invested
$78,348
Square Feet (2 Units)
1,400
Cost per Square Foot
$204
Monthly Rent per Square Foot
$1.57
Cost per Unit
$142,450
Average Monthly Rent per Unit
$1,100
Mortgages
First
Second
Loan-To-Cost Ratio
75%
0%
Loan-To-Value Ratio
75%
0%
$213,675
$0
Loan Amount Loan Type Term Interest Rate Payment
Amortizing
Monthly
Annual
Gross Rent
$2,200
$26,400
Vacancy Loss
($110)
($1,320)
Operating Income
$2,090
$25,080
Monthly
Annual
($50)
($600)
Management Fees (10%)
($209)
($2,508)
Repairs (5%)
($104)
($1,254)
Taxes (13%)
($277)
($3,320)
Utilities (0%)
($0)
($0)
Association Fees (0%)
($0)
($0)
($640)
($7,682)
Monthly
Annual
Net Operating Income
$1,450
$17,398
- Mortgage Payments
($898)
($10,771)
($0)
($0)
$552
$6,627
Expenses (% of Income) Insurance (2%)
Operating Expenses (31%) Net Performance
- Year 1 Improvements = Cash Flow
30 Years 2.99% $897.59
$0.00
Financial Metrics (Year 1) Annual Gross Rent Multiplier Operating Expense Ratio Debt Coverage Ratio
10.8 30.6% 1.62
Cap Rate (Purchase Price)
6.1%
Cash on Cash Return
8.5%
Assumptions Appreciation Rate
3.0%
Vacancy Rate
5.0%
Income Inflation Rate
3.0%
Expense Inflation Rate
3.0%
LTV for Refinance Selling Costs
80.0% $19,943
Check out www.century21.ca/eli.chi for more cash flow properties!
3
Buy and Hold Projection Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Income
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
Gross Rent
$26,400
$27,192
$28,008
$29,713
$34,446
$46,293
$62,213
Vacancy Loss
($1,320)
($1,360)
($1,400)
($1,486)
($1,722)
($2,315)
($3,111)
Operating Income
$25,080
$25,832
$26,607
$28,228
$32,724
$43,978
$59,103
Expenses
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
Insurance
($600)
($618)
($637)
($675)
($783)
($1,052)
($1,414)
Management Fees
($2,508)
($2,583)
($2,661)
($2,823)
($3,272)
($4,398)
($5,910)
Repairs
($1,254)
($1,292)
($1,330)
($1,411)
($1,636)
($2,199)
($2,955)
Taxes
($3,320)
($3,420)
($3,522)
($3,737)
($4,332)
($5,822)
($7,824)
Utilities
($0)
($0)
($0)
($0)
($0)
($0)
($0)
Association Fees
($0)
($0)
($0)
($0)
($0)
($0)
($0)
($7,682)
($7,912)
($8,150)
($8,646)
($10,023)
($13,470)
($18,103)
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
$17,398
$17,920
$18,458
$19,582
$22,700
$30,507
$41,000
($10,771)
($10,771)
($10,771)
($10,771)
($10,771)
($10,771)
($10,769)
($0)
($0)
($0)
($0)
($0)
($0)
($0)
$6,627
$7,149
$7,686
$8,811
$11,929
$19,736
$30,231
Cap Rate (Purchase Price)
6.1%
6.3%
6.5%
6.9%
8.0%
10.7%
14.4%
Cap Rate (Market Value)
5.9%
5.9%
5.9%
5.9%
5.9%
5.9%
5.9%
Cash on Cash Return
8.5%
9.1%
9.8%
11.2%
15.2%
25.2%
38.6%
Return on Equity
7.9%
7.3%
6.9%
6.3%
5.4%
4.7%
4.4%
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
$293,447
$302,250
$311,318
$330,277
$382,882
$514,561
$691,527
($209,193)
($204,575)
($199,819)
($189,872)
($162,261)
($93,081)
($0)
$84,254
$97,675
$111,499
$140,405
$220,621
$421,480
$691,527
71.3%
67.7%
64.2%
57.5%
42.4%
18.1%
0.0%
$25,565
$37,225
$49,236
$74,350
$144,045
$318,568
$553,222
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
$84,254
$97,675
$111,499
$140,405
$220,621
$421,480
$691,527
($20,541)
($21,158)
($21,792)
($23,119)
($26,802)
($36,019)
($48,407)
= Proceeds After Sale
$63,713
$76,518
$89,707
$117,286
$193,819
$385,461
$643,120
+ Cumulative Cash Flow
$6,627
$13,776
$21,462
$38,513
$91,738
$252,069
$504,587
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($8,008)
$11,946
$32,822
$77,451
$207,210
$559,182
$1,069,359
-10.2%
7.7%
13.3%
16.7%
17.3%
15.9%
15.0%
-10%
15%
42%
99%
264%
714%
1,365%
Operating Expenses Income Analysis Net Operating Income - Mortgage Payments - Improvements = Cash Flow
Loan Analysis Market Value - Loan Balance = Equity Loan-to-Value Ratio Potential Cash-Out Refi Sale Analysis Equity - Selling Costs
- Initial Cash Invested = Net Profit Internal Rate of Return Return on Investment
Check out www.century21.ca/eli.chi for more cash flow properties!
4
Graphs Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Monthly Cash Flow $2,500 $2,000 $1,500 $1,000 $500 $0 0
5
10
Loan Balance +
15 Year
20
25
30
25
30
25
30
Equity = Market Value
$700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 0
5
10
15 Year
20
Internal Rate of Return (IRR) 20% 15% 10% 5% 0% -5%
0
5
10
15 Year
20
-10%
Check out www.century21.ca/eli.chi for more cash flow properties!
5
Rent Roll Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Unit Description
Square Feet
Units of This Type
Rent (Per Unit)
Unit #1
1,400
1
$1,500 Per Month
Unit #2
0
1
$700 Per Month
Totals for Year 1 Total Number of Units
2
Total Area (Sum of Units)
1,400 Square Feet
Total Rent (Sum of Units)
$2,200 Per Month, $26,400 Per Year
Check out www.century21.ca/eli.chi for more cash flow properties!
6
Photos Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Check out www.century21.ca/eli.chi for more cash flow properties!
7
Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Presented by:
Elizabeth (Eli) Chi Century 21 Energy Realty Ltd 10756 100 Street Fort St. John, BC V1J 3Z6 Office: (250) 785-8051 Mobile: FSJ: 778.256.2888 VAN: 778.888.9501 Fax: (250) 785-2551 [email protected] www.elichi.com
The information contained within this program is for discussion purposes only and is not to be relied upon without performing your own due diligence.
Check out www.century21.ca/eli.chi for more cash flow properties!
1
Overview Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Purchase Info Square Feet (2 Units) Purchase Price Initial Cash Invested Income Analysis Net Operating Income Cash Flow Financial Metrics Cap Rate (Purchase Price) Cash on Cash Return (Year 1) Internal Rate of Return (Year 10) Sale Price (Year 10)
1,400 $284,900 $78,348 Monthly $1,450 $552
Annual $17,398 $6,627
6.1% 8.5% 17.3% $382,882
Welcome to Crescent Heights! Located next to Leoppky Park and less than a block from Crescent Park Elementary School this 3 bdrm, 2 bath townhouse is a great starter home for a family, open concept floor plan in over 1400 sq ft. Kitchen includes built-in pantry and is made with custom maple cabinetry. All appliances are included along with a spacious in-suite laundry room. Delight in starting your vehicle on cold winter mornings in the single car garage attached, and enjoy the privacy of your own fenced and landscaped backyard. Great sound proofing between units and high quality exterior hardi plank siding. No strata fees!
Check out www.century21.ca/eli.chi for more cash flow properties!
2
Purchase Analysis Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Purchase Info
Income
Purchase Price
$284,900
- First Mortgage
($213,675)
- Second Mortgage
($0)
= Downpayment
$71,225
+ Buying Costs
$7,122
+ Initial Improvements
$0
= Initial Cash Invested
$78,348
Square Feet (2 Units)
1,400
Cost per Square Foot
$204
Monthly Rent per Square Foot
$1.57
Cost per Unit
$142,450
Average Monthly Rent per Unit
$1,100
Mortgages
First
Second
Loan-To-Cost Ratio
75%
0%
Loan-To-Value Ratio
75%
0%
$213,675
$0
Loan Amount Loan Type Term Interest Rate Payment
Amortizing
Monthly
Annual
Gross Rent
$2,200
$26,400
Vacancy Loss
($110)
($1,320)
Operating Income
$2,090
$25,080
Monthly
Annual
($50)
($600)
Management Fees (10%)
($209)
($2,508)
Repairs (5%)
($104)
($1,254)
Taxes (13%)
($277)
($3,320)
Utilities (0%)
($0)
($0)
Association Fees (0%)
($0)
($0)
($640)
($7,682)
Monthly
Annual
Net Operating Income
$1,450
$17,398
- Mortgage Payments
($898)
($10,771)
($0)
($0)
$552
$6,627
Expenses (% of Income) Insurance (2%)
Operating Expenses (31%) Net Performance
- Year 1 Improvements = Cash Flow
30 Years 2.99% $897.59
$0.00
Financial Metrics (Year 1) Annual Gross Rent Multiplier Operating Expense Ratio Debt Coverage Ratio
10.8 30.6% 1.62
Cap Rate (Purchase Price)
6.1%
Cash on Cash Return
8.5%
Assumptions Appreciation Rate
3.0%
Vacancy Rate
5.0%
Income Inflation Rate
3.0%
Expense Inflation Rate
3.0%
LTV for Refinance Selling Costs
80.0% $19,943
Check out www.century21.ca/eli.chi for more cash flow properties!
3
Buy and Hold Projection Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Income
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
Gross Rent
$26,400
$27,192
$28,008
$29,713
$34,446
$46,293
$62,213
Vacancy Loss
($1,320)
($1,360)
($1,400)
($1,486)
($1,722)
($2,315)
($3,111)
Operating Income
$25,080
$25,832
$26,607
$28,228
$32,724
$43,978
$59,103
Expenses
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
Insurance
($600)
($618)
($637)
($675)
($783)
($1,052)
($1,414)
Management Fees
($2,508)
($2,583)
($2,661)
($2,823)
($3,272)
($4,398)
($5,910)
Repairs
($1,254)
($1,292)
($1,330)
($1,411)
($1,636)
($2,199)
($2,955)
Taxes
($3,320)
($3,420)
($3,522)
($3,737)
($4,332)
($5,822)
($7,824)
Utilities
($0)
($0)
($0)
($0)
($0)
($0)
($0)
Association Fees
($0)
($0)
($0)
($0)
($0)
($0)
($0)
($7,682)
($7,912)
($8,150)
($8,646)
($10,023)
($13,470)
($18,103)
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
$17,398
$17,920
$18,458
$19,582
$22,700
$30,507
$41,000
($10,771)
($10,771)
($10,771)
($10,771)
($10,771)
($10,771)
($10,769)
($0)
($0)
($0)
($0)
($0)
($0)
($0)
$6,627
$7,149
$7,686
$8,811
$11,929
$19,736
$30,231
Cap Rate (Purchase Price)
6.1%
6.3%
6.5%
6.9%
8.0%
10.7%
14.4%
Cap Rate (Market Value)
5.9%
5.9%
5.9%
5.9%
5.9%
5.9%
5.9%
Cash on Cash Return
8.5%
9.1%
9.8%
11.2%
15.2%
25.2%
38.6%
Return on Equity
7.9%
7.3%
6.9%
6.3%
5.4%
4.7%
4.4%
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
$293,447
$302,250
$311,318
$330,277
$382,882
$514,561
$691,527
($209,193)
($204,575)
($199,819)
($189,872)
($162,261)
($93,081)
($0)
$84,254
$97,675
$111,499
$140,405
$220,621
$421,480
$691,527
71.3%
67.7%
64.2%
57.5%
42.4%
18.1%
0.0%
$25,565
$37,225
$49,236
$74,350
$144,045
$318,568
$553,222
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
$84,254
$97,675
$111,499
$140,405
$220,621
$421,480
$691,527
($20,541)
($21,158)
($21,792)
($23,119)
($26,802)
($36,019)
($48,407)
= Proceeds After Sale
$63,713
$76,518
$89,707
$117,286
$193,819
$385,461
$643,120
+ Cumulative Cash Flow
$6,627
$13,776
$21,462
$38,513
$91,738
$252,069
$504,587
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($8,008)
$11,946
$32,822
$77,451
$207,210
$559,182
$1,069,359
-10.2%
7.7%
13.3%
16.7%
17.3%
15.9%
15.0%
-10%
15%
42%
99%
264%
714%
1,365%
Operating Expenses Income Analysis Net Operating Income - Mortgage Payments - Improvements = Cash Flow
Loan Analysis Market Value - Loan Balance = Equity Loan-to-Value Ratio Potential Cash-Out Refi Sale Analysis Equity - Selling Costs
- Initial Cash Invested = Net Profit Internal Rate of Return Return on Investment
Check out www.century21.ca/eli.chi for more cash flow properties!
4
Graphs Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Monthly Cash Flow $2,500 $2,000 $1,500 $1,000 $500 $0 0
5
10
Loan Balance +
15 Year
20
25
30
25
30
25
30
Equity = Market Value
$700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 0
5
10
15 Year
20
Internal Rate of Return (IRR) 20% 15% 10% 5% 0% -5%
0
5
10
15 Year
20
-10%
Check out www.century21.ca/eli.chi for more cash flow properties!
5
Rent Roll Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Unit Description
Square Feet
Units of This Type
Rent (Per Unit)
Unit #1
1,400
1
$1,500 Per Month
Unit #2
0
1
$700 Per Month
Totals for Year 1 Total Number of Units
2
Total Area (Sum of Units)
1,400 Square Feet
Total Rent (Sum of Units)
$2,200 Per Month, $26,400 Per Year
Check out www.century21.ca/eli.chi for more cash flow properties!
6
Photos Dawson Townhouse copy 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Check out www.century21.ca/eli.chi for more cash flow properties!
7
