Suite number:
B1
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1202 sqft
Occupancy Date:
Jun 2025
$911,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.61%
Cumulative Return on Investment in Year 5
102.84%
Property Price at the End of Year 5
$1,175,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$45,595
10% in 120 days
$91,190
15% on Occupancy
$136,785
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 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $68,000 | $71,000 | $75,000 | $602,000 |
rent income | $18,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $478,000 |
mortgage principal reduction | $4,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $125,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $76,000 | $104,000 | $109,000 | $114,000 | $119,000 | $125,000 | $131,000 | $137,000 | $144,000 | $151,000 | $1,211,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $274,000 | - | - | - | - | - | - | - | - | - | $274,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
operating expense | $6,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $144,000 |
mortgage payment | $17,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $386,000 |
total expense investment | $332,000 | $54,000 | $55,000 | $55,000 | $56,000 | $56,000 | $57,000 | $57,000 | $58,000 | $58,000 | $840,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$256,119 | $49,000 | $54,000 | $59,000 | $64,000 | $69,000 | $74,000 | $80,000 | $86,000 | $92,000 | $372,000 |
cumulative roi | $21 | $42 | $62 | $82 | $103 | $124 | $147 | $172 | $198 | $226 | $1,000 |
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Address: Burnaby, British Columbia
Price Range: $724,000 - $1,212,000
Avail. suites: 8
1—3.5 bd
687—1508 SqFt