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
$1,489,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.98%
Cumulative Return on Investment in Year 5
155.10%
Property Price at the End of Year 5
$1,919,000
Deposit Schedule
Total up to 10% in 7 days
$148,990
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 | $77,000 | $81,000 | $86,000 | $90,000 | $95,000 | $100,000 | $105,000 | $110,000 | $116,000 | $122,000 | $983,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $58,000 | $21,000 | $22,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $290,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $135,000 | $103,000 | $108,000 | $113,000 | $119,000 | $125,000 | $132,000 | $139,000 | $146,000 | $153,000 | $1,274,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $746,000 |
| total expense investment | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $75,000 | $746,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $61,000 | $28,000 | $33,000 | $39,000 | $45,000 | $51,000 | $57,000 | $64,000 | $71,000 | $79,000 | $527,000 |
| cumulative roi | $181 | $159 | $154 | $154 | $155 | $157 | $160 | $163 | $167 | $171 | $2,000 |
Akimbo
Address: Burnaby, British Columbia
Price Range: $1,490,000 - $2,949,000
Avail. suites: 3
1—3.5 bd
535—2050 SqFt