Suite number:
205 - Unit F
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
526 sqft
Occupancy Date:
Jun 2025
$349,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.36%
Cumulative Return on Investment in Year 5
85.60%
Property Price at the End of Year 5
$451,000
Deposit Schedule
Total up to 10% in 7 days
$34,990
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 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $231,000 |
rent income | $3,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $92,000 |
mortgage principal reduction | $2,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $52,000 |
deposit interest | $987 | - | - | - | - | - | - | - | - | - | $987 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $29,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $380,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
remaining balance payment | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
closing cost | $25,000 | - | - | - | - | - | - | - | - | - | $25,000 |
operating expense | $2,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $47,000 |
mortgage payment | $7,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $160,000 |
total expense investment | $104,000 | $21,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $23,000 | $23,000 | $303,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$74,542 | $11,000 | $12,000 | $13,000 | $15,000 | $17,000 | $18,000 | $20,000 | $22,000 | $24,000 | $78,000 |
cumulative roi | $26 | $45 | $60 | $73 | $86 | $97 | $108 | $118 | $128 | $138 | $879 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 28
1—2 bd
526—990 SqFt