Suite number:
C1
Project:
Address:
Vancouver, British Columbia
Developer:
Wesgroup Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
672 sqft
Occupancy Date:
Jan 2025
Price, CAD
$946,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.09%
Cumulative Return on Investment in Year 5
83.02%
Property Price at the End of Year 5
$1,220,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$47,345
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 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $625,000 |
rent income | $16,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $210,000 |
mortgage principal reduction | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $145,000 |
deposit interest | $202 | - | - | - | - | - | - | - | - | - | $202 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $81,000 | $82,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $984,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
remaining balance payment | $142,000 | - | - | - | - | - | - | - | - | - | $142,000 |
closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
operating expense | $8,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $100,000 |
mortgage payment | $43,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $470,000 |
total expense investment | $280,000 | $57,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $58,000 | $59,000 | $798,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$198,689 | $25,000 | $29,000 | $33,000 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $62,000 | $186,000 |
cumulative roi | $25 | $43 | $58 | $71 | $83 | $94 | $104 | $114 | $123 | $132 | $848 |
ACE condos
Address: Vancouver, British Columbia
Price Range: $719,000 - $1,204,000
Avail. suites: 11
1—3.5 bd
510—1008 SqFt