Suite number:
B2
Project:
Address:
Burnaby, British Columbia
Developer:
Bosa Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
544 sqft
Occupancy Date:
Dec 2028
Price, CAD
$725,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.77%
Cumulative Return on Investment in Year 5
127.59%
Property Price at the End of Year 5
$934,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$36,250
5% in 360 days
$36,250
5% on Occupancy
$36,250
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 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $478,000 |
rent income | - | - | - | - | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $85,000 |
mortgage principal reduction | - | - | - | - | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $61,000 |
deposit interest | $2,000 | $6,000 | $6,000 | $5,000 | - | - | - | - | - | - | $19,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $39,000 | $45,000 | $47,000 | $49,000 | $73,000 | $71,000 | $75,000 | $79,000 | $82,000 | $87,000 | $648,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $109,000 | - | - | - | - | - | - | - | - | - | $109,000 |
remaining balance payment | - | - | - | $36,000 | - | - | - | - | - | - | $36,000 |
closing cost | - | - | - | $34,000 | - | - | - | - | - | - | $34,000 |
operating expense | - | - | - | - | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $49,000 |
mortgage payment | - | - | - | - | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $218,000 |
total expense investment | $109,000 | - | - | $70,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $45,000 | $446,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$69,275 | $45,000 | $47,000 | -$21,056 | $29,000 | $27,000 | $30,000 | $34,000 | $38,000 | $42,000 | $201,000 |
cumulative roi | $36 | $78 | $122 | $113 | $128 | $136 | $144 | $151 | $158 | $165 | $1,000 |
Solhouse 6035
Address: Burnaby, British Columbia
Price Range: $650,000 - $1,425,000
Avail. suites: 14
0—3 bd
457—1117 SqFt