Suite number:
307 - G
Project:
Address:
Coquitlam, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
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
22.15%
Cumulative Return on Investment in Year 5
100.78%
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 | $33,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $55,000 | $58,000 | $60,000 | $63,000 | $513,000 |
| mortgage principal reduction | $14,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $219,000 |
| deposit interest | $875 | - | - | - | - | - | - | - | - | - | $875 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $126,000 | $142,000 | $148,000 | $156,000 | $163,000 | $171,000 | $179,000 | $188,000 | $197,000 | $207,000 | $1,677,000 |
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 | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
| operating expense | $11,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $168,000 |
| mortgage payment | $52,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $69,000 | $674,000 |
| total expense investment | $394,000 | $84,000 | $85,000 | $85,000 | $86,000 | $87,000 | $87,000 | $88,000 | $88,000 | $89,000 | $1,174,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$268,053 | $57,000 | $63,000 | $70,000 | $77,000 | $84,000 | $92,000 | $100,000 | $109,000 | $118,000 | $503,000 |
| cumulative roi | $26 | $48 | $67 | $84 | $101 | $116 | $132 | $147 | $162 | $177 | $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