Dawson Townhouse
Property Report
Dawson Townhouse 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 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Purchase Info Square Feet 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 $2,242 $1,344
Annual $26,902 $16,131
9.4% 20.6% 27.4% $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 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
1,400
Cost per Square Foot
$204
Monthly Rent per Square Foot
$2.71
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
Annual
Gross Rent
$3,800
$45,600
Vacancy Loss
($190)
($2,280)
Operating Income
$3,610
$43,320
Monthly
Annual
($50)
($600)
Management Fees (10%)
($361)
($4,332)
Repairs (5%)
($180)
($2,166)
Taxes (8%)
($277)
($3,320)
Utilities (14%)
($500)
($6,000)
($0)
($0)
Operating Expenses (38%)
($1,368)
($16,418)
Net Performance
Monthly
Annual
Net Operating Income
$2,242
$26,902
- Mortgage Payments
($898)
($10,771)
($0)
($0)
$1,344
$16,131
Expenses (% of Income) Insurance (1%)
Association Fees (0%)
- Year 1 Improvements
30 Years
= Cash Flow
2.99% $897.59
Monthly
$0.00
Financial Metrics (Year 1) Annual Gross Rent Multiplier Operating Expense Ratio Debt Coverage Ratio Cap Rate (Purchase Price) Cash on Cash Return
6.2 37.9% 2.50 9.4% 20.6%
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 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
$45,600
$46,968
$48,377
$51,323
$59,498
$79,960
$107,459
Vacancy Loss
($2,280)
($2,348)
($2,419)
($2,566)
($2,975)
($3,998)
($5,373)
Operating Income
$43,320
$44,620
$45,958
$48,757
$56,523
$75,962
$102,086
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
($4,332)
($4,462)
($4,596)
($4,876)
($5,652)
($7,596)
($10,209)
Repairs
($2,166)
($2,231)
($2,298)
($2,438)
($2,826)
($3,798)
($5,104)
Taxes
($3,320)
($3,420)
($3,522)
($3,737)
($4,332)
($5,822)
($7,824)
Utilities
($6,000)
($6,180)
($6,365)
($6,753)
($7,829)
($10,521)
($14,139)
($0)
($0)
($0)
($0)
($0)
($0)
($0)
($16,418)
($16,911)
($17,418)
($18,479)
($21,422)
($28,789)
($38,690)
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
$26,902
$27,709
$28,540
$30,278
$35,101
$47,173
$63,396
($10,771)
($10,771)
($10,771)
($10,771)
($10,771)
($10,771)
($10,769)
($0)
($0)
($0)
($0)
($0)
($0)
($0)
$16,131
$16,938
$17,769
$19,507
$24,330
$36,402
$52,627
Cap Rate (Purchase Price)
9.4%
9.7%
10.0%
10.6%
12.3%
16.6%
22.3%
Cap Rate (Market Value)
9.2%
9.2%
9.2%
9.2%
9.2%
9.2%
9.2%
Cash on Cash Return
20.6%
21.6%
22.7%
24.9%
31.1%
46.5%
67.2%
Return on Equity
19.1%
17.3%
15.9%
13.9%
11.0%
8.6%
7.6%
Loan Analysis
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
$16,131
$33,069
$50,838
$88,971
$200,690
$507,445
$956,743
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
$1,496
$31,239
$62,197
$127,910
$316,162
$814,558
$1,521,516
1.9%
20.0%
25.3%
27.9%
27.4%
25.8%
25.3%
2%
40%
79%
163%
404%
1,040%
1,942%
Association Fees Operating Expenses Income Analysis Net Operating Income - Mortgage Payments - Improvements = Cash Flow
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 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Monthly Cash Flow $4,500 $4,000 $3,500 $3,000 $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) 30% 25% 20% 15% 10% 5% 0% 0
5
10
Check out www.century21.ca/eli.chi for more cash flow properties!
15 Year
20
5
Photos Dawson Townhouse 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!
6
Dawson Townhouse 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 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Purchase Info Square Feet 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 $2,242 $1,344
Annual $26,902 $16,131
9.4% 20.6% 27.4% $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 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
1,400
Cost per Square Foot
$204
Monthly Rent per Square Foot
$2.71
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
Annual
Gross Rent
$3,800
$45,600
Vacancy Loss
($190)
($2,280)
Operating Income
$3,610
$43,320
Monthly
Annual
($50)
($600)
Management Fees (10%)
($361)
($4,332)
Repairs (5%)
($180)
($2,166)
Taxes (8%)
($277)
($3,320)
Utilities (14%)
($500)
($6,000)
($0)
($0)
Operating Expenses (38%)
($1,368)
($16,418)
Net Performance
Monthly
Annual
Net Operating Income
$2,242
$26,902
- Mortgage Payments
($898)
($10,771)
($0)
($0)
$1,344
$16,131
Expenses (% of Income) Insurance (1%)
Association Fees (0%)
- Year 1 Improvements
30 Years
= Cash Flow
2.99% $897.59
Monthly
$0.00
Financial Metrics (Year 1) Annual Gross Rent Multiplier Operating Expense Ratio Debt Coverage Ratio Cap Rate (Purchase Price) Cash on Cash Return
6.2 37.9% 2.50 9.4% 20.6%
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 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
$45,600
$46,968
$48,377
$51,323
$59,498
$79,960
$107,459
Vacancy Loss
($2,280)
($2,348)
($2,419)
($2,566)
($2,975)
($3,998)
($5,373)
Operating Income
$43,320
$44,620
$45,958
$48,757
$56,523
$75,962
$102,086
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
($4,332)
($4,462)
($4,596)
($4,876)
($5,652)
($7,596)
($10,209)
Repairs
($2,166)
($2,231)
($2,298)
($2,438)
($2,826)
($3,798)
($5,104)
Taxes
($3,320)
($3,420)
($3,522)
($3,737)
($4,332)
($5,822)
($7,824)
Utilities
($6,000)
($6,180)
($6,365)
($6,753)
($7,829)
($10,521)
($14,139)
($0)
($0)
($0)
($0)
($0)
($0)
($0)
($16,418)
($16,911)
($17,418)
($18,479)
($21,422)
($28,789)
($38,690)
Year 1
Year 2
Year 3
Year 5
Year 10
Year 20
Year 30
$26,902
$27,709
$28,540
$30,278
$35,101
$47,173
$63,396
($10,771)
($10,771)
($10,771)
($10,771)
($10,771)
($10,771)
($10,769)
($0)
($0)
($0)
($0)
($0)
($0)
($0)
$16,131
$16,938
$17,769
$19,507
$24,330
$36,402
$52,627
Cap Rate (Purchase Price)
9.4%
9.7%
10.0%
10.6%
12.3%
16.6%
22.3%
Cap Rate (Market Value)
9.2%
9.2%
9.2%
9.2%
9.2%
9.2%
9.2%
Cash on Cash Return
20.6%
21.6%
22.7%
24.9%
31.1%
46.5%
67.2%
Return on Equity
19.1%
17.3%
15.9%
13.9%
11.0%
8.6%
7.6%
Loan Analysis
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
$16,131
$33,069
$50,838
$88,971
$200,690
$507,445
$956,743
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
($78,348)
$1,496
$31,239
$62,197
$127,910
$316,162
$814,558
$1,521,516
1.9%
20.0%
25.3%
27.9%
27.4%
25.8%
25.3%
2%
40%
79%
163%
404%
1,040%
1,942%
Association Fees Operating Expenses Income Analysis Net Operating Income - Mortgage Payments - Improvements = Cash Flow
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 1550 Loran Drive Dawson Creek, BC
Elizabeth (Eli) Chi FSJ: 778.256.2888 VAN: 778.888.9501 [email protected]
Monthly Cash Flow $4,500 $4,000 $3,500 $3,000 $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) 30% 25% 20% 15% 10% 5% 0% 0
5
10
Check out www.century21.ca/eli.chi for more cash flow properties!
15 Year
20
5
Photos Dawson Townhouse 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!
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