Suite number:
Studio
Project:
Address:
Burnaby, British Columbia
Developer:
Thind
Property type:
condo
Bathrooms:
0
Bedrooms:
0
Size:
478 sqft
Occupancy Date:
Jan 2025
Price, CAD
$594,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.21%
Cumulative Return on Investment in Year 5
79.51%
Property Price at the End of Year 5
$766,000
Deposit Schedule
Total up to 5% in 7 days
$29,745
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $393,000 |
| rent income | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $100,000 |
| mortgage principal reduction | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $93,000 |
| deposit interest | $136 | - | - | - | - | - | - | - | - | - | $136 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $49,000 | $49,000 | $52,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $591,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| remaining balance payment | $89,000 | - | - | - | - | - | - | - | - | - | $89,000 |
| closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | $5,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $68,000 |
| mortgage payment | $24,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $285,000 |
| total expense investment | $178,000 | $35,000 | $35,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $501,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$128,646 | $14,000 | $16,000 | $19,000 | $21,000 | $24,000 | $27,000 | $29,000 | $32,000 | $36,000 | $89,000 |
| cumulative roi | $25 | $42 | $57 | $69 | $80 | $89 | $98 | $107 | $115 | $123 | $805 |
Eclipse Brentwood
Address: Burnaby, British Columbia
Price Range: $595,000 - $1,014,000
Avail. suites: 5
0—2.5 bd
478—845 SqFt