Suite number:
2D
Project:
Address:
Delta, British Columbia
Developer:
Headwater Projects
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
917 sqft
Occupancy Date:
Jun 2027
$764,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.08%
Cumulative Return on Investment in Year 5
120.99%
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)
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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 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $505,000 |
rent income | - | - | $11,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $229,000 |
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 | $68,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $838,000 |
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 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $85,000 |
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 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $50,000 | $50,000 | $548,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$69,930 | $48,000 | -$23,748 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $61,000 | $290,000 |
cumulative roi | $39 | $81 | $83 | $103 | $121 | $138 | $154 | $169 | $185 | $201 | $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