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  • Mortgage Solutions, Rental Properties

Taking the Step Towards an Investment Property

Taking the Step Towards an Investment Property. Our topic for July’s webinar was ‘Investment Properties’. A firm favourite! This is an exciting theme, and it was a lot of fun [...]
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A rental property can be a great enhancement to your financial portfolio.
  • Client Solutions, Mortgage Solutions, Rental Properties

Rental Properties – Is it for everyone?

Rental Properties – Is it for everyone? A rental property can be a great enhancement to your financial portfolio. After all, it is a very tangible asset that you can[...]
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Interested in starting your mortgage process, or just what to get some more info or ask a question feel free to drop us a line or contact us online

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2030 Bristol Circle Suite 210, Oakville, ON, Canada, L6H 6P5

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+1 647 281 3301
Jacques du Preez | Principal Broker | Mortgage Allies Brokerage License #12358 © Copyright 2019 T&C's | Privacy Policy

Use our FREE Debt Coverage Ratio Calculator

Add some details about the potential investment property.

This is so you will know later for which property this (DRC) report is for.
Rental (DCR) Report Title
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Please give this report a name
Property Address line 1
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Property State
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Property City
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MLS number
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Property type
  • Freehold
  • Condo
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Please select a property type
Lets get down to business.

To be able to see if the property can make a potential profit we will need to calculate you estimated monthly mortgage payment.
Property Purchase Price
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Down payment Amount
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  • 20%
  • 25%
  • 30%
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Down payment Amount
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Amortization:
  • 20
  • 15
  • 20
  • 25
  • 30
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Interest Rate
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Total Mortgage Amount
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Monthly Interest rate
0.0000000000
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Amortization in months
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Estimated Mortgage payment (monthly)
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Now Lets add some of the costs
20% Extra Costs
Insurance, vacancy, maintenance, management
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Property Taxes (Monthly)
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Condo fees (monthly)
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Estimated Mortgage payment (monthly)
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Estimated Monthly Costs
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The debt coverage ratio (DCR) measures the ability to pay the property’s monthly payments from the cash generated from renting the property. A (DCR) of 1 is break even.
Debt Coverage Ratio (DCR)
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Profit margin on Mortgage payment
0%
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Estimated Monthly Rent to meet (DCR)
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Estimated Monthly DCR Cash-flow
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Where can we send your report?
Last Name
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First Name
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Email
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