Suite number:
A1
Project:
Address:
Burnaby, British Columbia
Developer:
Bosa Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
457 sqft
Occupancy Date:
Dec 2028
Price, CAD
$650,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.22%
Cumulative Return on Investment in Year 5
124.51%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$5 at Signing
Total up to 5% in 120 days
$32,500
5% in 360 days
$32,500
5% on Occupancy
$32,500
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
rent income | - | - | - | - | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $54,000 |
mortgage principal reduction | - | - | - | - | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $54,000 |
deposit interest | $2,000 | $5,000 | $5,000 | $5,000 | - | - | - | - | - | - | $17,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $35,000 | $41,000 | $42,000 | $44,000 | $62,000 | $60,000 | $63,000 | $67,000 | $70,000 | $73,000 | $559,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $98,000 | - | - | - | - | - | - | - | - | - | $98,000 |
remaining balance payment | - | - | - | $33,000 | - | - | - | - | - | - | $33,000 |
closing cost | - | - | - | $33,000 | - | - | - | - | - | - | $33,000 |
operating expense | - | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $41,000 |
mortgage payment | - | - | - | - | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $195,000 |
total expense investment | $98,000 | - | - | $65,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $398,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$62,108 | $41,000 | $42,000 | -$20,895 | $23,000 | $21,000 | $24,000 | $27,000 | $30,000 | $34,000 | $160,000 |
cumulative roi | $36 | $78 | $122 | $111 | $125 | $131 | $137 | $143 | $149 | $155 | $1,000 |
Solhouse 6035
Address: Burnaby, British Columbia
Price Range: $650,000 - $1,425,000
Avail. suites: 14
0—3 bd
457—1117 SqFt