Suite number:
104
Project:
Address:
Richmond, British Columbia
Developer:
Oris
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
3.5
Size:
2419 sqft
Occupancy Date:
Jan 2023
Price, CAD
$2,398,800
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.96%
Cumulative Return on Investment in Year 5
154.55%
Property Price at the End of Year 5
$3,090,000
Deposit Schedule
$5 at Signing
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 | $124,000 | $131,000 | $138,000 | $145,000 | $153,000 | $161,000 | $169,000 | $178,000 | $187,000 | $197,000 | $1,583,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $90,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $463,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $215,000 | $165,000 | $174,000 | $183,000 | $192,000 | $202,000 | $212,000 | $223,000 | $234,000 | $247,000 | $2,046,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $1,201,000 |
| total expense investment | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $1,201,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $95,000 | $45,000 | $54,000 | $62,000 | $72,000 | $82,000 | $92,000 | $103,000 | $114,000 | $126,000 | $845,000 |
| cumulative roi | $179 | $158 | $154 | $153 | $155 | $157 | $160 | $163 | $166 | $170 | $2,000 |
The Shore
Address: Richmond, British Columbia
Price Range: $1,699,000 - $2,399,000
Avail. suites: 2
2—3.5 bd
1491—2445 SqFt