Suite number:
Cottage 3
Project:
Address:
Delta, British Columbia
Developer:
Century Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1580 sqft
Occupancy Date:
Jan 2024
$1,394,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.75%
Cumulative Return on Investment in Year 5
152.58%
Property Price at the End of Year 5
$1,797,000
Deposit Schedule
$5,000 at Signing
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 | $72,000 | $76,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $921,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $32,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $243,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $104,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $135,000 | $142,000 | $1,164,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $679,000 |
total expense investment | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $679,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $37,000 | $28,000 | $33,000 | $38,000 | $43,000 | $49,000 | $55,000 | $61,000 | $68,000 | $74,000 | $485,000 |
cumulative roi | $154 | $147 | $148 | $150 | $153 | $156 | $159 | $163 | $167 | $172 | $2,000 |
Southlands
Address: Delta, British Columbia
Price Range: $648,000 - $1,500,000
Avail. suites: 13
1—3.5 bd
800—1833 SqFt