Suite number:
308 - H
Project:
Address:
Coquitlam, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1108 sqft
Occupancy Date:
Mar 2025
Price, CAD
$1,059,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.61%
Cumulative Return on Investment in Year 5
98.68%
Property Price at the End of Year 5
$1,365,000
Deposit Schedule
$5 at Signing
Total up to 5% in 90 days
$52,995
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 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $699,000 |
| rent income | $24,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $383,000 |
| mortgage principal reduction | $10,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $164,000 |
| deposit interest | $652 | - | - | - | - | - | - | - | - | - | $652 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $95,000 | $106,000 | $111,000 | $116,000 | $122,000 | $128,000 | $134,000 | $140,000 | $147,000 | $154,000 | $1,251,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
| remaining balance payment | $159,000 | - | - | - | - | - | - | - | - | - | $159,000 |
| closing cost | $39,000 | - | - | - | - | - | - | - | - | - | $39,000 |
| operating expense | $9,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $137,000 |
| mortgage payment | $39,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $503,000 |
| total expense investment | $299,000 | $64,000 | $64,000 | $65,000 | $65,000 | $66,000 | $66,000 | $67,000 | $67,000 | $68,000 | $891,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$203,842 | $42,000 | $46,000 | $51,000 | $56,000 | $62,000 | $68,000 | $74,000 | $80,000 | $86,000 | $361,000 |
| cumulative roi | $26 | $47 | $66 | $83 | $99 | $114 | $128 | $143 | $157 | $172 | $1,000 |
Smith & Farrow
Address: Coquitlam, British Columbia
Price Range: $750,000 - $1,422,000
Avail. suites: 6
1—3.5 bd
738—1326 SqFt