Suite number:
B Jr. 2 bed
Project:
Address:
Burnaby, British Columbia
Developer:
Thind
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
666 sqft
Occupancy Date:
Jan 2023
Price, CAD
$746,948
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.98%
Cumulative Return on Investment in Year 5
155.10%
Property Price at the End of Year 5
$962,000
Deposit Schedule
$5 at Signing
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 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $493,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $29,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $16,000 | $146,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $68,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $638,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $374,000 |
| total expense investment | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $374,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $30,000 | $14,000 | $17,000 | $19,000 | $22,000 | $25,000 | $29,000 | $32,000 | $36,000 | $39,000 | $264,000 |
| cumulative roi | $181 | $159 | $154 | $154 | $155 | $157 | $160 | $163 | $167 | $171 | $2,000 |
The Sky Estates (Highline)
Address: Burnaby, British Columbia
Price Range: $633,000 - $1,005,000
Avail. suites: 8
1—3 bd
644—1265 SqFt