Suite number:
103 - Unit B
Project:
Address:
Nanaimo, British Columbia
Developer:
Parkshore Projects Ltd.
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
729 sqft
Occupancy Date:
Jun 2025
$425,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.00%
Cumulative Return on Investment in Year 5
97.18%
Property Price at the End of Year 5
$549,000
Deposit Schedule
Total up to 10% in 7 days
$42,590
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 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $281,000 |
rent income | $6,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $168,000 |
mortgage principal reduction | $2,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $63,000 |
deposit interest | $1,000 | - | - | - | - | - | - | - | - | - | $1,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $37,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $518,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
remaining balance payment | $43,000 | - | - | - | - | - | - | - | - | - | $43,000 |
closing cost | $27,000 | - | - | - | - | - | - | - | - | - | $27,000 |
operating expense | $3,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $67,000 |
mortgage payment | $9,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $195,000 |
total expense investment | $123,000 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 | $28,000 | $28,000 | $29,000 | $29,000 | $374,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$86,293 | $17,000 | $19,000 | $21,000 | $23,000 | $25,000 | $28,000 | $30,000 | $33,000 | $35,000 | $144,000 |
cumulative roi | $27 | $47 | $65 | $82 | $97 | $112 | $127 | $142 | $156 | $172 | $1,000 |
The Station
Address: Nanaimo, British Columbia
Price Range: $350,000 - $530,000
Avail. suites: 25
1—2 bd
526—990 SqFt