Suite number:
2B
Project:
Address:
Delta, British Columbia
Developer:
Headwater Projects
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
715 sqft
Occupancy Date:
Jun 2027
$764,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.90%
Cumulative Return on Investment in Year 5
115.71%
Property Price at the End of Year 5
$985,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$38,245
5% in 10 days
$38,245
5% on Occupancy
$38,245
Net Gain (Loss)
Get Expert Advice
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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $505,000 |
rent income | - | - | $9,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $178,000 |
mortgage principal reduction | - | - | $4,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $85,000 |
deposit interest | $5,000 | $6,000 | $3,000 | - | - | - | - | - | - | - | $14,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $45,000 | $48,000 | $65,000 | $78,000 | $81,000 | $85,000 | $90,000 | $94,000 | $99,000 | $103,000 | $788,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $115,000 | - | - | - | - | - | - | - | - | - | $115,000 |
remaining balance payment | - | - | $38,000 | - | - | - | - | - | - | - | $38,000 |
closing cost | - | - | $33,000 | - | - | - | - | - | - | - | $33,000 |
operating expense | - | - | $4,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $71,000 |
mortgage payment | - | - | $16,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $276,000 |
total expense investment | $115,000 | - | $91,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $533,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$69,930 | $48,000 | -$25,468 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $255,000 |
cumulative roi | $39 | $81 | $83 | $100 | $116 | $130 | $143 | $155 | $168 | $180 | $1,000 |
Bridge and Elliott
Address: Delta, British Columbia
Price Range: $535,000 - $1,270,000
Avail. suites: 26
1—3.5 bd
570—1421 SqFt