Suite number:
PH5
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
2.5
Size:
1151 sqft
Occupancy Date:
Jun 2025
Price, CAD
$1,817,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.90%
Cumulative Return on Investment in Year 5
89.94%
Property Price at the End of Year 5
$2,342,000
Deposit Schedule
$10,000 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 | $94,000 | $99,000 | $105,000 | $110,000 | $116,000 | $122,000 | $128,000 | $135,000 | $142,000 | $149,000 | $1,200,000 |
rent income | $27,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $470,000 |
mortgage principal reduction | $15,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $269,000 |
deposit interest | $165 | - | - | - | - | - | - | - | - | - | $165 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $141,000 | $164,000 | $172,000 | $180,000 | $189,000 | $199,000 | $209,000 | $219,000 | $230,000 | $241,000 | $1,943,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | $354,000 | - | - | - | - | - | - | - | - | - | $354,000 |
closing cost | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
operating expense | $11,000 | $17,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $20,000 | $175,000 |
mortgage payment | $61,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $91,000 | $880,000 |
total expense investment | $491,000 | $108,000 | $108,000 | $108,000 | $109,000 | $109,000 | $110,000 | $110,000 | $111,000 | $111,000 | $1,475,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$349,975 | $56,000 | $64,000 | $72,000 | $81,000 | $89,000 | $99,000 | $109,000 | $119,000 | $130,000 | $468,000 |
cumulative roi | $25 | $45 | $62 | $77 | $90 | $102 | $114 | $125 | $136 | $147 | $924 |
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Address: Burnaby, British Columbia
Price Range: $724,000 - $1,818,000
Avail. suites: 9
1—3.5 bd
687—1508 SqFt