Suite number:
PH 1
Project:
Address:
Burnaby, British Columbia
Developer:
IMANI Development
Property type:
condo
Floor plan:
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
31.73%
Cumulative Return on Investment in Year 5
149.62%
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 | $44,000 | $46,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $568,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $254,000 | $219,000 | $230,000 | $242,000 | $254,000 | $267,000 | $281,000 | $295,000 | $311,000 | $327,000 | $2,680,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $1,602,000 |
| total expense investment | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $160,000 | $1,602,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $94,000 | $59,000 | $70,000 | $82,000 | $94,000 | $107,000 | $121,000 | $135,000 | $150,000 | $166,000 | $1,077,000 |
| cumulative roi | $158 | $148 | $146 | $147 | $150 | $152 | $156 | $159 | $163 | $167 | $2,000 |
Akimbo
Address: Burnaby, British Columbia
Price Range: $630,000 - $3,200,000
Avail. suites: 7
1—3.5 bd
535—2050 SqFt