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
$2,949,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.98%
Cumulative Return on Investment in Year 5
155.10%
Property Price at the End of Year 5
$3,799,000
Deposit Schedule
Total up to 10% in 7 days
$294,900
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 | $1,946,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $115,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $575,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $268,000 | $203,000 | $214,000 | $225,000 | $236,000 | $248,000 | $261,000 | $274,000 | $288,000 | $303,000 | $2,521,000 |
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 | $120,000 | $56,000 | $66,000 | $77,000 | $88,000 | $101,000 | $113,000 | $127,000 | $141,000 | $156,000 | $1,044,000 |
| cumulative roi | $181 | $159 | $154 | $154 | $155 | $157 | $160 | $163 | $167 | $171 | $2,000 |
Akimbo
Address: Burnaby, British Columbia
Price Range: $1,490,000 - $2,949,000
Avail. suites: 3
1—3.5 bd
535—2050 SqFt