Suite number:
C8
Project:
Address:
Burnaby, British Columbia
Developer:
Thind
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
642 sqft
Occupancy Date:
Jan 2025
$759,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.79%
Cumulative Return on Investment in Year 5
100.34%
Property Price at the End of Year 5
$979,000
Deposit Schedule
Total up to 5% in 7 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 | $19,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $269,000 |
mortgage principal reduction | $9,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $126,000 |
deposit interest | $249 | - | - | - | - | - | - | - | - | - | $249 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $72,000 | $76,000 | $80,000 | $83,000 | $87,000 | $92,000 | $96,000 | $100,000 | $105,000 | $110,000 | $902,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
remaining balance payment | $114,000 | - | - | - | - | - | - | - | - | - | $114,000 |
closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
operating expense | $7,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $102,000 |
mortgage payment | $29,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $342,000 |
total expense investment | $222,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $47,000 | $630,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$149,365 | $32,000 | $35,000 | $39,000 | $42,000 | $46,000 | $50,000 | $54,000 | $59,000 | $64,000 | $272,000 |
cumulative roi | $27 | $48 | $67 | $84 | $100 | $116 | $131 | $146 | $161 | $176 | $1,000 |
Eclipse Brentwood
Address: Burnaby, British Columbia
Price Range: $595,000 - $1,014,000
Avail. suites: 5
0—2.5 bd
478—845 SqFt