Suite number:
307 - G3
Project:
Address:
Coquitlam, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
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
22.40%
Cumulative Return on Investment in Year 5
101.98%
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 | $33,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $513,000 |
| mortgage principal reduction | $13,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $211,000 |
| deposit interest | $843 | - | - | - | - | - | - | - | - | - | $843 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $123,000 | $138,000 | $145,000 | $152,000 | $159,000 | $167,000 | $175,000 | $183,000 | $192,000 | $201,000 | $1,633,000 |
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 | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
| operating expense | $11,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $167,000 |
| mortgage payment | $50,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $67,000 | $649,000 |
| total expense investment | $380,000 | $82,000 | $82,000 | $83,000 | $83,000 | $84,000 | $84,000 | $85,000 | $86,000 | $86,000 | $1,135,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$257,631 | $56,000 | $62,000 | $69,000 | $76,000 | $83,000 | $90,000 | $98,000 | $106,000 | $115,000 | $498,000 |
| cumulative roi | $26 | $48 | $68 | $85 | $102 | $118 | $134 | $149 | $165 | $181 | $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