Suite number:
1511 - E748
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
751 sqft
Occupancy Date:
May 2027
Price, CAD
$776,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.67%
Cumulative Return on Investment in Year 5
107.78%
Property Price at the End of Year 5
$1,001,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -82 days
$38,850
5% in 30 days
$38,850
5% in 180 days
$38,850
5% on Occupancy
$38,850
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 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $513,000 |
| rent income | - | $1,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $134,000 |
| mortgage principal reduction | - | $782 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $92,000 |
| deposit interest | $3,000 | $3,000 | - | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $43,000 | $48,000 | $93,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $770,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $78,000 | $39,000 | - | - | - | - | - | - | - | - | $117,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | $822 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $86,000 |
| mortgage payment | - | $3,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $315,000 |
| total expense investment | $78,000 | $95,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $50,000 | $570,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$34,498 | -$47,472 | $44,000 | $23,000 | $26,000 | $30,000 | $34,000 | $38,000 | $42,000 | $46,000 | $200,000 |
| cumulative roi | $56 | $54 | $85 | $97 | $108 | $117 | $125 | $134 | $141 | $149 | $1,000 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 63
0—3 bd
289—1185 SqFt