Suite number:
2C 705
Project:
Address:
Vancouver, British Columbia
Developer:
Gryphon Development
Property type:
condo
Bathrooms:
2.5
Bedrooms:
2
Size:
809 sqft
Occupancy Date:
Jun 2024
$1,365,800
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.72%
Cumulative Return on Investment in Year 5
164.95%
Property Price at the End of Year 5
$1,760,000
Deposit Schedule
$20,000 at Signing
Total up to 25% in 817 days
$341,450
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 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $101,000 | $107,000 | $112,000 | $901,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $27,000 | $20,000 | $21,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $239,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $98,000 | $95,000 | $99,000 | $104,000 | $109,000 | $115,000 | $121,000 | $127,000 | $133,000 | $140,000 | $1,140,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $613,000 |
total expense investment | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $61,000 | $613,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $36,000 | $33,000 | $38,000 | $43,000 | $48,000 | $54,000 | $59,000 | $65,000 | $72,000 | $78,000 | $527,000 |
cumulative roi | $159 | $157 | $159 | $162 | $165 | $169 | $173 | $177 | $181 | $186 | $2,000 |
Gryphon Nova
Address: Vancouver, British Columbia
Price Range: $845,000 - $1,366,000
Avail. suites: 5
1—2 bd
0—809 SqFt