Suite number:
Residence 6 Plan
Project:
Address:
Ottawa, Ontario
Developer:
Ashcroft Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
621 sqft
Occupancy Date:
Oct 2019
$495,600
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
34.16%
Cumulative Return on Investment in Year 5
184.71%
Property Price at the End of Year 5
$638,000
Deposit Schedule
$5,000 at Signing
Total up to 15% in 9999 days
$74,340
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $327,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $44,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $135,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $69,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $462,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $241,000 |
total expense investment | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $241,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $45,000 | $11,000 | $13,000 | $15,000 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $221,000 |
cumulative roi | $288 | $218 | $197 | $188 | $185 | $184 | $185 | $186 | $189 | $192 | $2,000 |
reResidences
Address: Ottawa, Ontario
Price Range: $370,000 - $1,524,000
Avail. suites: 8
1—2.5 bd
475—1665 SqFt