Suite number:
201
Project:
Address:
Richmond, British Columbia
Developer:
Oris
Property type:
condo
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2370 sqft
Occupancy Date:
Jan 2023
Price, CAD
$2,358,800
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.55%
Cumulative Return on Investment in Year 5
173.15%
Property Price at the End of Year 5
$3,039,000
Deposit Schedule
$5 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 | $122,000 | $129,000 | $136,000 | $143,000 | $150,000 | $158,000 | $166,000 | $175,000 | $184,000 | $194,000 | $1,557,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $98,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $45,000 | $47,000 | $49,000 | $51,000 | $493,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $220,000 | $166,000 | $174,000 | $183,000 | $192,000 | $202,000 | $212,000 | $222,000 | $233,000 | $245,000 | $2,049,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $1,081,000 |
| total expense investment | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $108,000 | $1,081,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $112,000 | $58,000 | $66,000 | $75,000 | $84,000 | $94,000 | $104,000 | $114,000 | $125,000 | $137,000 | $968,000 |
| cumulative roi | $204 | $179 | $173 | $172 | $173 | $175 | $178 | $182 | $185 | $190 | $2,000 |
The Shore
Address: Richmond, British Columbia
Price Range: $1,699,000 - $2,399,000
Avail. suites: 4
2—3.5 bd
1491—2445 SqFt