Suite number:
307 - G
Project:
Address:
Coquitlam, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1237 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,421,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.41%
Cumulative Return on Investment in Year 5
97.54%
Property Price at the End of Year 5
$1,832,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$71,095
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 | $74,000 | $78,000 | $82,000 | $86,000 | $91,000 | $95,000 | $100,000 | $105,000 | $111,000 | $117,000 | $938,000 |
| rent income | $36,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $515,000 |
| mortgage principal reduction | $15,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $215,000 |
| deposit interest | $466 | - | - | - | - | - | - | - | - | - | $466 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $130,000 | $141,000 | $148,000 | $155,000 | $162,000 | $170,000 | $179,000 | $187,000 | $196,000 | $206,000 | $1,674,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
| remaining balance payment | $213,000 | - | - | - | - | - | - | - | - | - | $213,000 |
| closing cost | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| operating expense | $12,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $18,000 | $19,000 | $164,000 |
| mortgage payment | $59,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $71,000 | $700,000 |
| total expense investment | $404,000 | $86,000 | $87,000 | $87,000 | $88,000 | $88,000 | $88,000 | $89,000 | $89,000 | $90,000 | $1,196,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$274,358 | $54,000 | $61,000 | $68,000 | $75,000 | $82,000 | $90,000 | $98,000 | $107,000 | $116,000 | $478,000 |
| cumulative roi | $26 | $47 | $65 | $82 | $98 | $112 | $127 | $142 | $156 | $171 | $1,000 |
Smith & Farrow
Address: Coquitlam, British Columbia
Price Range: $750,000 - $1,422,000
Avail. suites: 6
1—3.5 bd
738—1326 SqFt