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Updated over 4 years ago,
First Time Deal Analysis (Canada)
https://www.realtor.ca/real-estate/22207009/149-1100-oxford-st-oshawa-lakeview
Purchase
Purchase Price: $265000
Beds: 4 Bath: 1
15% DP: $39750
Closing Costs: $3500
Total Amount Req: $43250
Income
Avg Rent in Area: $750
Total Rental Income: $3000
Monthly Expenses
Mortgage + Mtg Insurance (Req.) = $1250
Property Tax: $139.59
Property Insurance: $50
Maintenance Fees (HOA): $633.21
Utilities: $75
Vacancy (5%): $150
CapEx: (10%): $300
Total Monthly Expenses: $2597.80
Cashflow: $3000 - $2597.80 = $402.20 / mth.
This is my first analysis. Please point out any errors or poor estimations please! I accept all feedback as I'm just beginning and would love your opinions!
Thanks!