Suite number:
308 - H
Project:
Address:
Coquitlam, British Columbia
Developer:
Boffo Developments Ltd
Property type:
condo
Floor plan:
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
20.93%
Cumulative Return on Investment in Year 5
95.69%
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 | $27,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $41,000 | $43,000 | $45,000 | $47,000 | $387,000 |
| mortgage principal reduction | $11,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $160,000 |
| deposit interest | $347 | - | - | - | - | - | - | - | - | - | $347 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $98,000 | $105,000 | $110,000 | $116,000 | $121,000 | $127,000 | $133,000 | $140,000 | $147,000 | $154,000 | $1,252,000 |
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 | $41,000 | - | - | - | - | - | - | - | - | - | $41,000 |
| operating expense | $10,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $133,000 |
| mortgage payment | $44,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $522,000 |
| total expense investment | $307,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $68,000 | $68,000 | $908,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$208,866 | $40,000 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $73,000 | $79,000 | $86,000 | $344,000 |
| cumulative roi | $26 | $46 | $64 | $80 | $96 | $110 | $124 | $138 | $153 | $167 | $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