Property Report :

30 Langford Ave

30 Langford Ave, Toronto, M4J 3E3

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Real Estate Analysis

Created on: Apr 15, 2025

Author: N. Ng

30 Langford Ave, Toronto, M4J 3E3

Singlefamily:

Investment strategy: Rental Property

Purchase Price$ 1,200,000

Rent$ 1,500/mo

Monthly Cash Flow$ -4,601

Cash on Cash Return-15.41 %

Financial Analysis

Cash on Cash Return	-15.41 %
Internal Rate of Return (IRR)	2.52 %
Capitalization Rate	-0.66 %
Gross Rent Multiplier (GRM)	66.67
Debt-coverage Ratio (DCR)	-0.17
Operating Expense Ratio (OER)	145.20 %

Financial Breakdown

Purchase Price	$ 1,200,000
Purchase Costs	$ 48,266
Repair/Construction Costs	$ 10,000
Total Capital Needed Total Capital Needed Includes all projects costs (except selling costs). Total Capital Needed Includes all projects costs (except selling costs).	$ 1,258,266
Financing	$ 900,000
Total Cash Needed Cash out of Pocket Shows rehabber's cash outlay. Cash out of Pocket Shows rehabber's cash outlay.	$ 358,266
Cash at Closing Cash at Closing This number includes down payment and loan points. Cash at Closing This number includes down payment and loan points.	$ 300,000
Cash During Rehab Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction. Cash During Rehab Shows the cash amount remaining to fund the purchase and rehab/construction.	$ 58,266

Operating Analysis

Rent	$ 1,500/mo
Gross Operating Income (GOI)	$ 17,460
Total Expenses	$ 25,352
Net Operating Income (NOI)	$ -7,892
Annual Debt Service	$ 47,316
Cash Flow Before Taxes (CFBT)	$ -55,208
Income Tax Liability	$ -15,782
Cash Flow After Taxes (CFAT)	$ -39,426

Purchase Price	$ 1,200,000
Address	30 Langford Ave , Toronto, M4J 3E3, CA
Type	Singlefamily

Annual Property Operating Data

Incomes		% of GOI
Gross Scheduled Income Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents. Gross Scheduled Income (GSI) Represents the total of monthly rents for the particular property, including the potential rents from vacant units and uncollectable rents.	$ 18,000
Total Gross Income	$ 18,000
Vacancy loss Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants. Vacancy and Credit Loss Part of the potential rental income that is lost because of unoccupied units or uncollectable rent from tenants.	$ 540
Gross Operating Income Gross Operating Income (GOI) An actual income which is expected to be collected in the property. Gross Operating Income (GOI) An actual income which is expected to be collected in the property.	$ 17,460	100.00 %
Expenses Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation). Operating Expenses Expenses necessary for maintaining the property and ensuring its continued ability to produce income (doesn't include mortgage payments or depreciation).
Utilities	$ 7,000	40.09 %
Insurance	$ 1,800	10.31 %
Repairs+upgrades	$ 10,000	57.27 %
Property tax	$ 6,552	37.53 %
Total Expenses	$ 25,352	145.20 %
Net Operating Income Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses. Net Operating Income (NOI) Important measurement calculated as gross operating income minus operating expenses.	$ -7,892	-45.20 %

Cash Flow (Year 1)

Net Operating Income	$ -7,892	-45.20 %
Annual Debt Service	$ 47,316	271.00 %
Cash Flow Before Taxes (CFBT) Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash for a certain property (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ -55,208	-316.20 %
Income Tax Liability	$ -15,782	-90.39 %
Cash Flow After Taxes (CFAT) Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property. Cash Flow All the inflows and outflows of cash (including mortgage payments). We can calculate cash flow before taxes (CFBT) or cash flow after taxes (CFAT) which is CFBT minus any tax liability arising from the operation of the property.	$ -39,426	-225.81 %

Operating Ratios

Operating Expense Ratio Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI). Operating Expense Ratio Ratio of the operating expenses to the gross operating income (GOI).	145.20 %
Break-Even Ratio Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less. Break-Even Ratio (BER) Another benchmark used by mortgage lenders, estimating how vulnerable is a certain property to defaulting on its mortgage if part of the rental income is declined. Most of the lenders are looking for BER of 85% or less.	416.20 %

Year	0	1	2	3	4	5	6	7	8	9	10
Operational Analysis
Gross Scheduled Income	0	18,000	18,360	18,727	19,102	19,484	19,873	20,271	20,676	21,090	21,512
Vacancy Loss	0	540	551	562	573	585	596	608	620	633	645
Gross Operating Income	0	17,460	17,809	18,165	18,529	18,899	19,277	19,663	20,056	20,457	20,866
Expenses	0	25,352	25,859	26,376	26,904	27,442	27,991	28,550	29,121	29,704	30,298
Net Operating Income	0	-7,892	-8,050	-8,211	-8,375	-8,543	-8,713	-8,888	-9,065	-9,247	-9,432
Loan Payment	0	47,316	47,316	47,316	47,316	47,316	47,316	47,316	47,316	47,316	47,316
Payment Interest Part	0	20,328	19,703	19,064	18,411	17,742	17,057	16,357	15,640	14,907	14,157
Payment Principal Part	0	26,988	27,613	28,252	28,906	29,575	30,259	30,959	31,676	32,409	33,159
Cash Flow
Repairs/Construction	10,000	0	0	0	0	0	0	0	0	0	0
Cash Flow Before Taxes	-358,266	-55,208	-55,366	-55,527	-55,691	-55,859	-56,030	-56,204	-56,382	-56,563	-56,748
Depreciation	0	34,909	34,909	34,909	34,909	34,909	34,909	34,909	34,909	34,909	34,909
Taxes	0	-15,782	-15,666	-15,546	-15,424	-15,298	-15,170	-15,038	-14,904	-14,766	-14,625
Cash Flow After Taxes	-358,266	-39,426	-39,701	-39,981	-40,268	-40,561	-40,860	-41,166	-41,478	-41,797	-42,124

Note: All amounts in the table above are in $

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