Suite number:
507E - Tower E
Project:
Address:
Richmond, British Columbia
Developer:
Yuanheng
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
940 sqft
Occupancy Date:
Jan 2021
Price, CAD
$1,023,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.73%
Cumulative Return on Investment in Year 5
174.79%
Property Price at the End of Year 5
$1,319,000
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 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $676,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $70,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $24,000 | $248,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $123,000 | $72,000 | $76,000 | $80,000 | $84,000 | $88,000 | $93,000 | $97,000 | $102,000 | $108,000 | $924,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $498,000 |
| total expense investment | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $498,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $73,000 | $23,000 | $26,000 | $30,000 | $34,000 | $38,000 | $43,000 | $48,000 | $53,000 | $58,000 | $425,000 |
| cumulative roi | $247 | $196 | $182 | $176 | $175 | $175 | $177 | $179 | $182 | $185 | $2,000 |
View Star I
Address: Richmond, British Columbia
Price Range: $1,024,000 - $1,354,000
Avail. suites: 4
2—3 bd
940—1276 SqFt