Suite number:
Suite #1091 - D4
Project:
Address:
Richmond, British Columbia
Developer:
Concord Pacific
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1094 sqft
Occupancy Date:
Jun 2024
Price, CAD
$1,119,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.12%
Cumulative Return on Investment in Year 5
162.25%
Property Price at the End of Year 5
$1,443,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $739,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $23,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $200,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $81,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $939,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $513,000 |
| total expense investment | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $513,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $29,000 | $27,000 | $30,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $58,000 | $64,000 | $426,000 |
| cumulative roi | $157 | $154 | $156 | $159 | $162 | $166 | $170 | $174 | $178 | $183 | $2,000 |
Galleria - Picasso
Address: Richmond, British Columbia
Price Range: $1,120,000 - $1,150,000
Avail. suites: 2
2—2.5 bd
1094—1099 SqFt