Suite number:
D3
Project:
Address:
Burnaby, British Columbia
Developer:
Bosa Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
870 sqft
Occupancy Date:
Dec 2028
Price, CAD
$1,125,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.52%
Cumulative Return on Investment in Year 5
133.61%
Property Price at the End of Year 5
$1,449,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$56,250
5% in 360 days
$56,250
5% on Occupancy
$56,250
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 | $58,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $88,000 | $92,000 | $742,000 |
rent income | - | - | - | - | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $31,000 | $170,000 |
mortgage principal reduction | - | - | - | - | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $94,000 |
deposit interest | $3,000 | $9,000 | $9,000 | $8,000 | - | - | - | - | - | - | $29,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $61,000 | $70,000 | $74,000 | $76,000 | $116,000 | $116,000 | $122,000 | $128,000 | $135,000 | $141,000 | $1,040,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $169,000 | - | - | - | - | - | - | - | - | - | $169,000 |
remaining balance payment | - | - | - | $56,000 | - | - | - | - | - | - | $56,000 |
closing cost | - | - | - | $42,000 | - | - | - | - | - | - | $42,000 |
operating expense | - | - | - | - | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $81,000 |
mortgage payment | - | - | - | - | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $56,000 | $338,000 |
total expense investment | $169,000 | - | - | $98,000 | $69,000 | $69,000 | $70,000 | $70,000 | $70,000 | $71,000 | $687,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$107,495 | $70,000 | $74,000 | -$21,915 | $47,000 | $47,000 | $52,000 | $58,000 | $64,000 | $71,000 | $354,000 |
cumulative roi | $36 | $78 | $122 | $118 | $134 | $144 | $153 | $162 | $171 | $180 | $1,000 |
Solhouse 6035
Address: Burnaby, British Columbia
Price Range: $650,000 - $1,425,000
Avail. suites: 14
0—3 bd
457—1117 SqFt