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
19.47%
Cumulative Return on Investment in Year 5
93.86%
Property Price at the End of Year 5
$1,025,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 30 days
$39,750
2.5% in 90 days
$19,875
2.5% in 180 days
$19,875
2.5% in 270 days
$19,875
2.5% in 365 days
$19,875
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 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $525,000 |
rent income | - | $5,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $142,000 |
mortgage principal reduction | - | $3,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $98,000 |
deposit interest | $5,000 | $4,000 | - | - | - | - | - | - | - | - | $9,000 |
gst hst rebate | - | $24,000 | - | - | - | - | - | - | - | - | $24,000 |
total income return | $47,000 | $79,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $798,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $119,000 | $40,000 | - | - | - | - | - | - | - | - | $159,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | $53,000 | - | - | - | - | - | - | - | - | $53,000 |
operating expense | - | $3,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $91,000 |
mortgage payment | - | $13,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $332,000 |
total expense investment | $119,000 | $109,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $51,000 | $51,000 | $52,000 | $635,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$72,615 | -$30,046 | $21,000 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $43,000 | $47,000 | $163,000 |
cumulative roi | $39 | $57 | $71 | $83 | $94 | $103 | $112 | $120 | $128 | $136 | $945 |
1107 Main
Address: Hamilton, Ontario
Price Range: $400,000 - $1,329,000
Avail. suites: 62
0—3 bd
289—1185 SqFt