Suite number:
307 - G3
Project:
Address:
Coquitlam, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1237 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,368,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.65%
Cumulative Return on Investment in Year 5
98.68%
Property Price at the End of Year 5
$1,764,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$68,445
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 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $112,000 | $903,000 |
rent income | $36,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $515,000 |
mortgage principal reduction | $14,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $207,000 |
deposit interest | $449 | - | - | - | - | - | - | - | - | - | $449 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $126,000 | $137,000 | $144,000 | $151,000 | $158,000 | $166,000 | $174,000 | $182,000 | $191,000 | $201,000 | $1,631,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
remaining balance payment | $205,000 | - | - | - | - | - | - | - | - | - | $205,000 |
closing cost | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
operating expense | $12,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $162,000 |
mortgage payment | $57,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $674,000 |
total expense investment | $390,000 | $84,000 | $84,000 | $84,000 | $85,000 | $85,000 | $86,000 | $86,000 | $86,000 | $87,000 | $1,157,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$263,662 | $54,000 | $60,000 | $66,000 | $73,000 | $81,000 | $88,000 | $96,000 | $105,000 | $114,000 | $474,000 |
cumulative roi | $26 | $47 | $66 | $83 | $99 | $114 | $129 | $144 | $159 | $175 | $1,000 |
Smith & Farrow
Address: Coquitlam, British Columbia
Price Range: $750,000 - $1,422,000
Avail. suites: 6
1—3.5 bd
738—1326 SqFt