Suite number:
210 - Unit G
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
643 sqft
Occupancy Date:
Jun 2025
$369,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
18.92%
Cumulative Return on Investment in Year 5
87.95%
Property Price at the End of Year 5
$477,000
Deposit Schedule
Total up to 10% in 7 days
$36,990
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 | $19,000 | $20,000 | $21,000 | $22,000 | $24,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $244,000 |
rent income | $4,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $112,000 |
mortgage principal reduction | $2,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $55,000 |
deposit interest | $965 | - | - | - | - | - | - | - | - | - | $965 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $31,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $417,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
remaining balance payment | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
closing cost | $25,000 | - | - | - | - | - | - | - | - | - | $25,000 |
operating expense | $2,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $56,000 |
mortgage payment | $7,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $169,000 |
total expense investment | $109,000 | $23,000 | $23,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $25,000 | $25,000 | $325,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$77,812 | $12,000 | $13,000 | $15,000 | $17,000 | $19,000 | $20,000 | $22,000 | $24,000 | $27,000 | $92,000 |
cumulative roi | $26 | $45 | $61 | $75 | $88 | $100 | $112 | $123 | $134 | $145 | $908 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 25
1—2 bd
526—990 SqFt