Suite number:
PH 2
Project:
Address:
Burnaby, British Columbia
Developer:
IMANI Development
Property type:
condo
Floor plan:
Bathrooms:
3.5
Bedrooms:
3
Size:
1835 sqft
Occupancy Date:
Oct 2023
Price, CAD
$2,949,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.73%
Cumulative Return on Investment in Year 5
149.62%
Property Price at the End of Year 5
$3,800,000
Deposit Schedule
Total up to 10% in 7 days
$294,990
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 | $153,000 | $161,000 | $170,000 | $179,000 | $188,000 | $198,000 | $208,000 | $219,000 | $230,000 | $242,000 | $1,947,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $81,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $59,000 | $523,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $234,000 | $202,000 | $212,000 | $223,000 | $234,000 | $246,000 | $259,000 | $272,000 | $286,000 | $301,000 | $2,470,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $1,477,000 |
| total expense investment | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $148,000 | $1,477,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $86,000 | $54,000 | $64,000 | $75,000 | $87,000 | $99,000 | $111,000 | $125,000 | $139,000 | $153,000 | $993,000 |
| cumulative roi | $158 | $148 | $146 | $147 | $150 | $152 | $156 | $159 | $163 | $167 | $2,000 |
Akimbo
Address: Burnaby, British Columbia
Price Range: $630,000 - $3,200,000
Avail. suites: 7
1—3.5 bd
535—2050 SqFt