Suite number:
Suite 206
Project:
Address:
Sidney, British Columbia
Developer:
Mike Geric Construction
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1201 sqft
Occupancy Date:
Jan 2025
Price, CAD
$1,119,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.51%
Cumulative Return on Investment in Year 5
98.56%
Property Price at the End of Year 5
$1,442,000
Deposit Schedule
$10 at Signing
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 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $738,000 |
| rent income | $32,000 | $37,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $423,000 |
| mortgage principal reduction | $13,000 | $14,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $171,000 |
| deposit interest | $478 | - | - | - | - | - | - | - | - | - | $478 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $108,000 | $112,000 | $118,000 | $123,000 | $129,000 | $136,000 | $142,000 | $149,000 | $156,000 | $164,000 | $1,338,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
| remaining balance payment | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
| closing cost | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
| operating expense | $10,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $126,000 |
| mortgage payment | $51,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $556,000 |
| total expense investment | $327,000 | $68,000 | $68,000 | $68,000 | $69,000 | $69,000 | $69,000 | $69,000 | $70,000 | $70,000 | $947,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$219,117 | $44,000 | $50,000 | $55,000 | $61,000 | $67,000 | $73,000 | $80,000 | $87,000 | $94,000 | $391,000 |
| cumulative roi | $26 | $47 | $66 | $83 | $99 | $114 | $129 | $144 | $160 | $176 | $1,000 |
The Rise on Fifth
Address: Sidney, British Columbia
Price Range: $549,000 - $2,299,000
Avail. suites: 20
1—3.5 bd
567—1391 SqFt