Suite number:
PH 1
Project:
Address:
Burnaby, British Columbia
Developer:
IMANI Development
Property type:
condo
Bathrooms:
3.5
Bedrooms:
3
Size:
2050 sqft
Occupancy Date:
Oct 2023
Price, CAD
$3,199,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.85%
Cumulative Return on Investment in Year 5
154.84%
Property Price at the End of Year 5
$4,122,000
Deposit Schedule
Total up to 10% in 7 days
$319,990
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 | $166,000 | $175,000 | $184,000 | $194,000 | $204,000 | $214,000 | $226,000 | $237,000 | $250,000 | $263,000 | $2,112,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $88,000 | $45,000 | $47,000 | $50,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $580,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $254,000 | $220,000 | $232,000 | $243,000 | $256,000 | $269,000 | $282,000 | $297,000 | $312,000 | $328,000 | $2,692,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $1,556,000 |
| total expense investment | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $156,000 | $1,556,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $98,000 | $65,000 | $76,000 | $88,000 | $100,000 | $113,000 | $127,000 | $141,000 | $156,000 | $172,000 | $1,135,000 |
| cumulative roi | $163 | $152 | $151 | $152 | $155 | $158 | $161 | $165 | $169 | $173 | $2,000 |
Akimbo
Address: Burnaby, British Columbia
Price Range: $690,000 - $3,200,000
Avail. suites: 9
1—3.5 bd
535—2050 SqFt