Suite number:
2A
Project:
Address:
Delta, British Columbia
Developer:
Headwater Projects
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
850 sqft
Occupancy Date:
Jun 2027
Price, CAD
$764,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.30%
Cumulative Return on Investment in Year 5
113.61%
Property Price at the End of Year 5
$985,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$38,245
5% in 10 days
$38,245
5% on Occupancy
$38,245
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 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $505,000 |
rent income | - | - | $17,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $220,000 |
mortgage principal reduction | - | - | $6,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $85,000 |
deposit interest | $5,000 | $6,000 | $2,000 | - | - | - | - | - | - | - | $13,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $45,000 | $48,000 | $74,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $109,000 | $828,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
remaining balance payment | - | - | $38,000 | - | - | - | - | - | - | - | $38,000 |
closing cost | - | - | $35,000 | - | - | - | - | - | - | - | $35,000 |
operating expense | - | - | $7,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $81,000 |
mortgage payment | - | - | $26,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $294,000 |
total expense investment | $115,000 | - | $105,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $563,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$69,944 | $48,000 | -$31,472 | $33,000 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $59,000 | $266,000 |
cumulative roi | $39 | $81 | $79 | $97 | $114 | $129 | $143 | $157 | $171 | $186 | $1,000 |
Bridge and Elliott
Address: Delta, British Columbia
Price Range: $535,000 - $1,270,000
Avail. suites: 26
1—3.5 bd
570—1421 SqFt