Property that looks good, but isn’t

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Property Price: $129,000 Duplex in Ontario for $129,000

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900Duplex in Ontario for $129,000

Put $12,900 down payment

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Duplex in Ontario for $129,000

Put $12,900 down payment

Total Mortgage: $129,000 - $12,900 = $116,100

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Duplex in Ontario for $129,000

Put $12,900 down payment

Total Mortgage: $129,000 - $12,900 = $116,100

Each side of duplex pays $675/month for a total of $1350/month rent

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Duplex in Ontario for $129,000

Put $12,900 down payment

Total Mortgage: $129,000 - $12,900 = $116,100

Each side of duplex pays $675/month for a total of $1350/month rent

Property Manager takes care of property and tenants and charges 10% of rental income

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Duplex in Ontario for $129,000

Put $12,900 down payment

Total Mortgage: $129,000 - $12,900 = $116,100

Each side of duplex pays $675/month for a total of $1350/month rent

Property Manager takes care of property and tenants and charges 10% of rental income

Vacancy Allowance of 5% means that I expect the property to be vacant 5% of the time

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Insurance $75/month

Duplex in Ontario for $129,000

Put $12,900 down payment

Total Mortgage: $129,000 - $12,900 = $116,100

Each side of duplex pays $675/month for a total of $1350/month rent

Property Manager takes care of property and tenants and charges 10% of rental income

Vacancy Allowance of 5% means that I expect the property to be vacant 5% of the time

Insurance $75/month

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Insurance $75/month

Taxes $80/month

Duplex in Ontario for $129,000

Put $12,900 down payment

Total Mortgage: $129,000 - $12,900 = $116,100

Each side of duplex pays $675/month for a total of $1350/month rent

Property Manager takes care of property and tenants and charges 10% of rental income

Vacancy Allowance of 5% means that I expect the property to be vacant 5% of the time

Insurance $75/month

Taxes $80/month

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Insurance $75/month

Taxes $80/month

Mortgage $425/month

$116,100 Mortgage = $425/month

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Insurance $75/month

Taxes $80/month

Mortgage $425/month

Utilities:

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Insurance $75/month

Taxes $80/month

Mortgage $425/month

Utilities:

Hydro $110/month

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Hydro - $110/month

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Insurance $75/month

Taxes $80/month

Mortgage $425/month

Utilities:

Hydro $110/month

Gas $210/month

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Hydro - $110/month

Gas - $210/month

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Insurance $75/month

Taxes $80/month

Mortgage $425/month

Utilities:

Hydro $110/month

Gas $210/month

Water $170/month

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Hydro - $110/month

Gas - $210/month

Water - $170/month

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Property Manager $135/month

Vacancy (5%) $63/month

Insurance $75/month

Taxes $80/month

Mortgage $425/month

Utilities:

Hydro $110/month

Gas $210/month

Water $170/month

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Hydro - $110/month

Gas - $210/month

Water - $170/month

Add all expenses together: 135 + 63 + 75 + 80 + 425 + 110 + 210 + 170

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Total Expenses: $1268/month

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Hydro - $110/month

Gas - $210/month

Water - $170/month

Add all expenses together: 135 + 63 + 75 + 80 + 425 + 110 + 210 + 170

Total Expenses: $1268/month

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Total Expenses: $1268/month

Profit:

Cash Flow: $82/month

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Hydro - $110/month

Gas - $210/month

Water - $170/month

Add all expenses together: 135 + 63 + 75 + 80 + 425 + 110 + 210 + 170

Total Expenses: $1268/month

Cash Flow: $1350 - $1268 = $82

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Total Expenses: $1268/month

Profit:

Cash Flow: $82/month

Cash Flow/Year: $984/year

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Hydro - $110/month

Gas - $210/month

Water - $170/month

Add all expenses together: 135 + 63 + 75 + 80 + 425 + 110 + 210 + 170

Total Expenses: $1268/month

Cash Flow: $1350 - $1268 = $82

Cash Flow Per Year: $82 x 12 = $984

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Total Expenses: $1268/month

Profit:

Cash Flow: $82/month

Cash Flow/Year: $984/year

$116,100 Mortgage = $425/month

The duplex does not have separate meters, therefore the owner has to pay the utilities

Hydro - $110/month

Gas - $210/month

Water - $170/month

Add all expenses together: 135 + 63 + 75 + 80 + 425 + 110 + 210 + 170

Total Expenses: $1268/month

Cash Flow: $1350 - $1268 = $82

Cash Flow Per Year: $82 x 12 = $984

This property pays $984/year cash flow. Based on this, I would need at least 30 properties to replace a $30,000 dollar income.

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Total Expenses: $1268/month

Profit:

Cash Flow: $82/month

Cash Flow/Year: $984/year

This is why cash flow analysis is so important!

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Total Expenses: $1268/month

Profit:

Cash Flow: $82/month

Cash Flow/Year: $984/year

This is why cash flow analysis is so important!

Imagine how Vancouver properties cash flow…..

Property that looks good, but isn’t

Property Price: $129,000

Down Payment: $12,900

Total Mortgage: $116,100

Income:

Rental Income: $1350/month

Expenses:

Total Expenses: $1268/month

Profit:

Cash Flow: $82/month

Cash Flow/Year: $984/year

This is why cash flow analysis is so important!

Imagine how Vancouver properties cash flow…..

I have a Vancouver house analyzed on my facebook group

Property that looks good, but isn’t

Property that looks good, but isn’t

Click Here to View my Facebook GroupEmail: robert.alexander.klein@gmail.com

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