PAST INVESTMENTS
Example #1 (Assignment)
2 Bed – 1400 square feet (parking and locker)
Bought pre-construction in 2009 for $545,500
Total deposit of $27,275
Assignment fee & legal fee $6,200
Sold February 2011 for $620,000
TOTAL INVESTMENT = $33,475
TOTAL PROFIT = $74,500
TOTAL RETURN ON INVESTMENT = 223%
(Over 1 year 7 months)
Example #2
1 Bed – 449 square feet (no parking no locker)
Bought pre-construction in 2006 for $159,900
Total deposit of $31,980
Further deposit on occupancy $7,995
Closing costs $12,000
Sold March 2011 for $280,000
TOTAL INVESTMENT = $51,975
TOTAL PROFIT = $120,100
TOTAL RETURN ON INVESTMENT = 231%
(Over 4 years 10 months)
Example 3
1 bed – 410 square feet (no parking no locker)
Bought pre-construction in 2006 for $128,200
Total deposit of $19,230
Further deposit on occupancy $6,410
Closing costs $12,000
Sold March 2011 for $246,000
TOTAL INVESTMENT = $37,640
TOTAL PROFIT = $117,800
TOTAL RETURN ON INVESTMENT = 313%
(Based on a period of over 5 years)
