Price: $151,000

Closing costs:$3,663

Total Price: $154,663

Rents: $1,950/month*0.9=$1,755

Utilities/Cables: $200

Management fee: $219

Taxes: $158

Insurance: $20

Strata fees: $215

Repairs: $100

Net rent per month: $843

Net rent per year: $10,116

Cap rate: 6.5%

Mortgage: $113,250

Mortgage interest per year(2.8%): $3,171

Down payment + closing costs: $41,413

Interest on down payment + closing costs(3%): $1,243

Total interest per year:  $4,414

Net profit: $5,702

Net return on down payment + closing costs: 13.7%

Principal pay down: $2,039

Net cash flow: $3,663

Net cash flow per month: $305