Suite number:
A2
Project:
Address:
Burnaby, British Columbia
Developer:
SHAPE
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
689 sqft
Occupancy Date:
Jan 2023
$600,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.55%
Cumulative Return on Investment in Year 5
173.15%
Property Price at the End of Year 5
$773,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $25,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $125,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $56,000 | $42,000 | $44,000 | $47,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $521,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $275,000 |
total expense investment | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $275,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $28,000 | $15,000 | $17,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $246,000 |
cumulative roi | $204 | $179 | $173 | $172 | $173 | $175 | $178 | $182 | $185 | $190 | $2,000 |
The City of Lougheed - Tower 3
Address: Burnaby, British Columbia
Price Range: $600,000 - $900,000
Avail. suites: 21
1—3.5 bd
652—2146 SqFt