Suite number:
301 - A
Project:
Address:
Coquitlam, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
738 sqft
Occupancy Date:
Mar 2025
$749,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.47%
Cumulative Return on Investment in Year 5
89.38%
Property Price at the End of Year 5
$966,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$37,495
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $495,000 |
rent income | $13,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $204,000 |
mortgage principal reduction | $7,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $116,000 |
deposit interest | $462 | - | - | - | - | - | - | - | - | - | $462 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $65,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $820,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
remaining balance payment | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
operating expense | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $88,000 |
mortgage payment | $27,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $356,000 |
total expense investment | $216,000 | $44,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $627,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$151,692 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $54,000 | $194,000 |
cumulative roi | $26 | $45 | $62 | $76 | $89 | $102 | $113 | $125 | $136 | $147 | $920 |
Smith & Farrow
Address: Coquitlam, British Columbia
Price Range: $750,000 - $1,422,000
Avail. suites: 6
1—3.5 bd
738—1326 SqFt