Suite number:
E4
Project:
Address:
Burnaby, British Columbia
Developer:
Thind
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
845 sqft
Occupancy Date:
Jan 2025
$1,013,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.06%
Cumulative Return on Investment in Year 5
101.12%
Property Price at the End of Year 5
$1,306,000
Deposit Schedule
Total up to 5% in 7 days
$50,695
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 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $669,000 |
rent income | $25,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $354,000 |
mortgage principal reduction | $12,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $169,000 |
deposit interest | $332 | - | - | - | - | - | - | - | - | - | $332 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $94,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $127,000 | $133,000 | $140,000 | $147,000 | $1,197,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $51,000 | - | - | - | - | - | - | - | - | - | $51,000 |
remaining balance payment | $152,000 | - | - | - | - | - | - | - | - | - | $152,000 |
closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
operating expense | $10,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $135,000 |
mortgage payment | $39,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $457,000 |
total expense investment | $290,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $62,000 | $833,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$195,184 | $42,000 | $47,000 | $51,000 | $56,000 | $61,000 | $67,000 | $72,000 | $78,000 | $84,000 | $364,000 |
cumulative roi | $27 | $48 | $67 | $85 | $101 | $117 | $132 | $147 | $162 | $177 | $1,000 |
Eclipse Brentwood
Address: Burnaby, British Columbia
Price Range: $595,000 - $1,014,000
Avail. suites: 5
0—2.5 bd
478—845 SqFt