Suite number:
403
Project:
Address:
Burnaby, British Columbia
Developer:
IMANI Development
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1020 sqft
Occupancy Date:
Oct 2023
$1,249,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.85%
Cumulative Return on Investment in Year 5
154.84%
Property Price at the End of Year 5
$1,610,000
Deposit Schedule
Total up to 10% in 7 days
$124,990
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 | $65,000 | $68,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $103,000 | $825,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $34,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $227,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $99,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $1,051,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $608,000 |
total expense investment | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $608,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $38,000 | $25,000 | $30,000 | $34,000 | $39,000 | $44,000 | $49,000 | $55,000 | $61,000 | $67,000 | $443,000 |
cumulative roi | $163 | $152 | $151 | $152 | $155 | $158 | $161 | $165 | $169 | $173 | $2,000 |
Akimbo
Address: Burnaby, British Columbia
Price Range: $690,000 - $3,200,000
Avail. suites: 9
1—3.5 bd
535—2050 SqFt