Suite number:
H
Project:
Address:
Burnaby, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1130 sqft
Occupancy Date:
Nov 2028
Price, CAD
$1,180,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
30.99%
Cumulative Return on Investment in Year 5
117.12%
Property Price at the End of Year 5
$1,520,000
Deposit Schedule
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 | $61,000 | $65,000 | $68,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $97,000 | $779,000 |
| rent income | - | - | - | - | $30,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $217,000 |
| mortgage principal reduction | - | - | - | - | $15,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $109,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
| total income return | $61,000 | $65,000 | $68,000 | $71,000 | $126,000 | $131,000 | $137,000 | $144,000 | $150,000 | $158,000 | $1,110,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | $236,000 | - | - | - | - | - | $236,000 |
| closing cost | - | - | - | - | $42,000 | - | - | - | - | - | $42,000 |
| operating expense | - | - | - | - | $14,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $97,000 |
| mortgage payment | - | - | - | - | $50,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $320,000 |
| total expense investment | - | - | - | - | $341,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $694,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $61,000 | $65,000 | $68,000 | $71,000 | -$215,393 | $61,000 | $67,000 | $73,000 | $79,000 | $86,000 | $416,000 |
| cumulative roi | - | - | - | - | $117 | $133 | $148 | $162 | $175 | $188 | $923 |
Bassano
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,580,000
Avail. suites: 9
1—3.5 bd
761—1378 SqFt