Suite number:
C1
Project:
Address:
Burnaby, British Columbia
Developer:
Concord Pacific
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1473 sqft
Occupancy Date:
Jan 2027
Price, CAD
$1,300,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
30.24%
Cumulative Return on Investment in Year 5
134.58%
Property Price at the End of Year 5
$1,675,000
Deposit Schedule
$5 at Signing
Total up to 5% in -249 days
$65,000
5% in -68 days
$65,000
5% on Occupancy
$65,000
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 | $67,000 | $71,000 | $75,000 | $79,000 | $83,000 | $87,000 | $92,000 | $96,000 | $101,000 | $107,000 | $858,000 |
rent income | - | $21,000 | $52,000 | $55,000 | $57,000 | $59,000 | $62,000 | $65,000 | $67,000 | $70,000 | $509,000 |
mortgage principal reduction | - | $7,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $162,000 |
deposit interest | $7,000 | $4,000 | - | - | - | - | - | - | - | - | $11,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $74,000 | $108,000 | $144,000 | $150,000 | $158,000 | $165,000 | $173,000 | $182,000 | $191,000 | $200,000 | $1,545,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $130,000 | - | - | - | - | - | - | - | - | - | $130,000 |
remaining balance payment | - | $65,000 | - | - | - | - | - | - | - | - | $65,000 |
closing cost | - | $46,000 | - | - | - | - | - | - | - | - | $46,000 |
operating expense | - | $8,000 | $20,000 | $20,000 | $21,000 | $21,000 | $22,000 | $22,000 | $23,000 | $23,000 | $181,000 |
mortgage payment | - | $27,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $65,000 | $548,000 |
total expense investment | $130,000 | $146,000 | $85,000 | $85,000 | $86,000 | $86,000 | $87,000 | $87,000 | $88,000 | $89,000 | $969,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$55,852 | -$37,812 | $59,000 | $65,000 | $72,000 | $79,000 | $86,000 | $94,000 | $103,000 | $111,000 | $576,000 |
cumulative roi | $57 | $67 | $92 | $114 | $135 | $154 | $173 | $192 | $211 | $232 | $1,000 |
Circle
Address: Burnaby, British Columbia
Price Range: $800,000 - $1,300,000
Avail. suites: 7
1.5—3 bd
941—1473 SqFt