Suite number:
G3
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
1378 sqft
Occupancy Date:
Nov 2028
Price, CAD
$1,580,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.34%
Cumulative Return on Investment in Year 5
119.63%
Property Price at the End of Year 5
$2,036,000
Deposit Schedule
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 | $82,000 | $86,000 | $91,000 | $96,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $130,000 | $1,043,000 |
| rent income | - | - | - | - | $44,000 | $50,000 | $52,000 | $55,000 | $57,000 | $59,000 | $318,000 |
| mortgage principal reduction | - | - | - | - | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $146,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $82,000 | $86,000 | $91,000 | $96,000 | $170,000 | $179,000 | $188,000 | $197,000 | $206,000 | $216,000 | $1,512,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $316,000 | - | - | - | - | - | $316,000 |
| closing cost | - | - | - | - | $50,000 | - | - | - | - | - | $50,000 |
| operating expense | - | - | - | - | $18,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $126,000 |
| mortgage payment | - | - | - | - | $66,000 | $72,000 | $72,000 | $72,000 | $72,000 | $72,000 | $428,000 |
| total expense investment | - | - | - | - | $450,000 | $93,000 | $93,000 | $94,000 | $95,000 | $95,000 | $920,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $82,000 | $86,000 | $91,000 | $96,000 | -$279,645 | $87,000 | $95,000 | $103,000 | $112,000 | $121,000 | $592,000 |
| cumulative roi | - | - | - | - | $120 | $137 | $154 | $169 | $184 | $200 | $964 |
Bassano
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt