Suite number:
UNIT E5
Project:
Address:
Richmond, British Columbia
Developer:
Oris
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
979 sqft
Occupancy Date:
Sep 2024
Price, CAD
$759,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.49%
Cumulative Return on Investment in Year 5
144.35%
Property Price at the End of Year 5
$979,000
Deposit Schedule
$5 at Signing
Total up to 5% in 30 days
$37,995
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 | $39,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $56,000 | $59,000 | $62,000 | $501,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $13,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $122,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $52,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $624,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $381,000 |
| total expense investment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $381,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $14,000 | $14,000 | $16,000 | $19,000 | $22,000 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $243,000 |
| cumulative roi | $137 | $136 | $138 | $141 | $144 | $148 | $152 | $156 | $160 | $164 | $1,000 |
Hamilton Village - Phase 2 West
Address: Richmond, British Columbia
Price Range: $590,000 - $760,000
Avail. suites: 4
1.5—2.5 bd
646—979 SqFt