Suite number:
D
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
763 sqft
Occupancy Date:
Nov 2028
Price, CAD
$830,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.31%
Cumulative Return on Investment in Year 5
116.47%
Property Price at the End of Year 5
$1,069,000
Deposit Schedule
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $548,000 |
| rent income | - | - | - | - | $25,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $176,000 |
| mortgage principal reduction | - | - | - | - | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $76,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $43,000 | $45,000 | $48,000 | $50,000 | $93,000 | $96,000 | $100,000 | $105,000 | $110,000 | $115,000 | $805,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $166,000 | - | - | - | - | - | $166,000 |
| closing cost | - | - | - | - | $35,000 | - | - | - | - | - | $35,000 |
| operating expense | - | - | - | - | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $69,000 |
| mortgage payment | - | - | - | - | $35,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $225,000 |
| total expense investment | - | - | - | - | $245,000 | $49,000 | $49,000 | $50,000 | $50,000 | $51,000 | $494,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $43,000 | $45,000 | $48,000 | $50,000 | -$152,202 | $46,000 | $51,000 | $55,000 | $60,000 | $65,000 | $311,000 |
| cumulative roi | - | - | - | - | $116 | $134 | $151 | $167 | $183 | $199 | $951 |
Bassano
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt