Suite number:
F
Project:
Address:
Burnaby, British Columbia
Developer:
Ledingham McAllister
Property type:
condo
Bathrooms:
2
Bedrooms:
3.5
Size:
1323 sqft
Occupancy Date:
Jun 2025
$1,211,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.95%
Cumulative Return on Investment in Year 5
94.93%
Property Price at the End of Year 5
$1,561,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$60,595
10% in 120 days
$121,190
15% on Occupancy
$181,785
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 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $81,000 | $85,000 | $90,000 | $95,000 | $99,000 | $800,000 |
rent income | $19,000 | $47,000 | $49,000 | $51,000 | $54,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $526,000 |
mortgage principal reduction | $6,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $165,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $96,000 | $128,000 | $134,000 | $141,000 | $148,000 | $155,000 | $162,000 | $170,000 | $178,000 | $187,000 | $1,498,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $364,000 | - | - | - | - | - | - | - | - | - | $364,000 |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | $42,000 | - | - | - | - | - | - | - | - | - | $42,000 |
operating expense | $6,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $19,000 | $20,000 | $165,000 |
mortgage payment | $23,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $54,000 | $510,000 |
total expense investment | $435,000 | $70,000 | $70,000 | $71,000 | $71,000 | $72,000 | $72,000 | $73,000 | $73,000 | $74,000 | $1,080,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$339,003 | $59,000 | $64,000 | $70,000 | $76,000 | $83,000 | $90,000 | $97,000 | $105,000 | $113,000 | $417,000 |
cumulative roi | $21 | $40 | $59 | $77 | $95 | $113 | $131 | $150 | $170 | $191 | $1,000 |
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Address: Burnaby, British Columbia
Price Range: $724,000 - $1,212,000
Avail. suites: 8
1—3.5 bd
687—1508 SqFt