Suite number:
B1
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1202 sqft
Occupancy Date:
Jun 2025
Price, CAD
$901,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.72%
Cumulative Return on Investment in Year 5
99.16%
Property Price at the End of Year 5
$1,162,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$45,095
10% in 120 days
$90,190
15% on Occupancy
$135,285
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 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $64,000 | $67,000 | $70,000 | $74,000 | $595,000 |
rent income | $28,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $60,000 | $491,000 |
mortgage principal reduction | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $124,000 |
deposit interest | $571 | - | - | - | - | - | - | - | - | - | $571 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $87,000 | $103,000 | $108,000 | $113,000 | $119,000 | $124,000 | $130,000 | $137,000 | $143,000 | $150,000 | $1,215,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $271,000 | - | - | - | - | - | - | - | - | - | $271,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
operating expense | $9,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $152,000 |
mortgage payment | $28,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $405,000 |
total expense investment | $345,000 | $56,000 | $57,000 | $57,000 | $57,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $865,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$258,277 | $47,000 | $52,000 | $56,000 | $61,000 | $67,000 | $72,000 | $78,000 | $84,000 | $91,000 | $350,000 |
cumulative roi | $21 | $41 | $60 | $79 | $99 | $120 | $141 | $164 | $189 | $216 | $1,000 |
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Address: Burnaby, British Columbia
Price Range: $724,000 - $1,818,000
Avail. suites: 9
1—3.5 bd
687—1508 SqFt