Suite number:
Plan B3
Project:
Address:
Burnaby, British Columbia
Developer:
Anthem
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
598 sqft
Occupancy Date:
Jan 2029
$779,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
32.95%
Cumulative Return on Investment in Year 5
131.17%
Property Price at the End of Year 5
$1,005,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$38,995
5% on Occupancy
$38,995
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 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $515,000 |
rent income | - | - | - | - | $19,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $138,000 |
mortgage principal reduction | - | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $67,000 |
deposit interest | $2,000 | $6,000 | $4,000 | $4,000 | $322 | - | - | - | - | - | $17,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $42,000 | $49,000 | $49,000 | $51,000 | $83,000 | $85,000 | $89,000 | $93,000 | $98,000 | $102,000 | $741,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $39,000 | $39,000 | - | - | - | - | - | - | - | - | $78,000 |
remaining balance payment | - | - | - | - | $78,000 | - | - | - | - | - | $78,000 |
closing cost | - | - | - | - | $34,000 | - | - | - | - | - | $34,000 |
operating expense | - | - | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $59,000 |
mortgage payment | - | - | - | - | $35,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $224,000 |
total expense investment | $39,000 | $39,000 | - | - | $155,000 | $47,000 | $48,000 | $48,000 | $48,000 | $49,000 | $473,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | $10,000 | $49,000 | $51,000 | -$71,386 | $37,000 | $41,000 | $45,000 | $49,000 | $54,000 | $268,000 |
cumulative roi | $109 | $117 | $180 | $245 | $131 | $144 | $157 | $168 | $179 | $191 | $2,000 |
Citizen
Address: Burnaby, British Columbia
Price Range: $599,000 - $820,000
Avail. suites: 11
1—1.5 bd
459—667 SqFt