Suite number:
Plan B2
Project:
Address:
Burnaby, British Columbia
Developer:
Anthem
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
637 sqft
Occupancy Date:
Jan 2029
$779,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
33.08%
Cumulative Return on Investment in Year 5
131.69%
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 | - | - | - | - | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $147,000 |
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 | $85,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $750,000 |
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 | - | - | - | - | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $62,000 |
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 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $476,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $3,000 | $10,000 | $49,000 | $51,000 | -$70,543 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $274,000 |
cumulative roi | $109 | $117 | $180 | $245 | $132 | $146 | $158 | $171 | $182 | $194 | $2,000 |
Citizen
Address: Burnaby, British Columbia
Price Range: $599,000 - $820,000
Avail. suites: 11
1—1.5 bd
459—667 SqFt