Suite number:
204 - E767
Project:
Address:
Hamilton, Ontario
Developer:
IN8 Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
767 sqft
Occupancy Date:
May 2027
Price, CAD
$794,990
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.74%
Cumulative Return on Investment in Year 5
107.89%
Property Price at the End of Year 5
$1,024,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in -82 days
$39,750
5% in 30 days
$39,750
5% in 180 days
$39,750
5% on Occupancy
$39,750
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 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
| rent income | - | $1,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $137,000 |
| mortgage principal reduction | - | $800 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $94,000 |
| deposit interest | $3,000 | $4,000 | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $24,000 | - | - | - | - | - | - | - | $24,000 |
| total income return | $44,000 | $49,000 | $94,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $99,000 | $787,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $79,000 | $40,000 | - | - | - | - | - | - | - | - | $119,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
| operating expense | - | $840 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $88,000 |
| mortgage payment | - | $3,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $322,000 |
| total expense investment | $79,000 | $97,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $582,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$35,298 | -$47,716 | $44,000 | $24,000 | $27,000 | $31,000 | $34,000 | $38,000 | $43,000 | $47,000 | $205,000 |
| cumulative roi | $56 | $55 | $85 | $98 | $108 | $117 | $126 | $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