Suite number:
3803
Project:
Address:
Burnaby, British Columbia
Developer:
IMANI Development
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3.5
Size:
1175 sqft
Occupancy Date:
Oct 2023
Price, CAD
$1,359,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.88%
Cumulative Return on Investment in Year 5
152.89%
Property Price at the End of Year 5
$1,752,000
Deposit Schedule
Total up to 10% in 7 days
$135,990
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 | $74,000 | $78,000 | $82,000 | $87,000 | $91,000 | $96,000 | $101,000 | $106,000 | $112,000 | $897,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $47,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $255,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $117,000 | $93,000 | $98,000 | $103,000 | $109,000 | $114,000 | $120,000 | $126,000 | $133,000 | $139,000 | $1,153,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $681,000 |
| total expense investment | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $68,000 | $681,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $49,000 | $25,000 | $30,000 | $35,000 | $40,000 | $46,000 | $52,000 | $58,000 | $65,000 | $71,000 | $472,000 |
| cumulative roi | $172 | $155 | $151 | $151 | $153 | $155 | $158 | $162 | $165 | $169 | $2,000 |
Akimbo
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,700,000
Avail. suites: 3
1—3.5 bd
535—2050 SqFt