Suite number:
Plan B1a
Project:
Address:
Burnaby, British Columbia
Developer:
Anthem
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
611 sqft
Occupancy Date:
Jan 2029
$769,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.11%
Cumulative Return on Investment in Year 5
127.73%
Property Price at the End of Year 5
$992,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$38,495
5% on Occupancy
$38,495
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 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $508,000 |
rent income | - | - | - | - | $13,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $94,000 |
mortgage principal reduction | - | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $66,000 |
deposit interest | $2,000 | $6,000 | $4,000 | $4,000 | $318 | - | - | - | - | - | $16,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $42,000 | $48,000 | $48,000 | $51,000 | $77,000 | $77,000 | $81,000 | $85,000 | $89,000 | $93,000 | $689,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $38,000 | $38,000 | - | - | - | - | - | - | - | - | $77,000 |
remaining balance payment | - | - | - | - | $77,000 | - | - | - | - | - | $77,000 |
closing cost | - | - | - | - | $33,000 | - | - | - | - | - | $33,000 |
operating expense | - | - | - | - | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $56,000 |
mortgage payment | - | - | - | - | $34,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $222,000 |
total expense investment | $38,000 | $38,000 | - | - | $153,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $464,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | $10,000 | $48,000 | $51,000 | -$76,139 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $225,000 |
cumulative roi | $109 | $117 | $180 | $245 | $128 | $137 | $146 | $154 | $162 | $169 | $2,000 |
Citizen
Address: Burnaby, British Columbia
Price Range: $599,000 - $820,000
Avail. suites: 11
1—1.5 bd
459—667 SqFt