Suite number:
1 Bedroom
Project:
Address:
Burnaby, British Columbia
Developer:
Thind
Property type:
condo
Bathrooms:
0
Bedrooms:
1
Size:
557 sqft
Occupancy Date:
Jan 2025
Price, CAD
$753,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.15%
Cumulative Return on Investment in Year 5
83.43%
Property Price at the End of Year 5
$971,000
Deposit Schedule
Total up to 5% in 7 days
$37,695
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 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $498,000 |
| rent income | $11,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $156,000 |
| mortgage principal reduction | $8,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $118,000 |
| deposit interest | $172 | - | - | - | - | - | - | - | - | - | $172 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $63,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $82,000 | $86,000 | $91,000 | $95,000 | $776,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
| remaining balance payment | $113,000 | - | - | - | - | - | - | - | - | - | $113,000 |
| closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| operating expense | $6,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $85,000 |
| mortgage payment | $31,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $361,000 |
| total expense investment | $221,000 | $44,000 | $45,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $629,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$157,445 | $20,000 | $23,000 | $27,000 | $30,000 | $33,000 | $37,000 | $41,000 | $45,000 | $49,000 | $147,000 |
| cumulative roi | $25 | $44 | $59 | $72 | $83 | $94 | $104 | $114 | $123 | $132 | $849 |
Eclipse Brentwood
Address: Burnaby, British Columbia
Price Range: $595,000 - $1,014,000
Avail. suites: 5
0—2.5 bd
478—845 SqFt