Suite number:
214 - F2
Project:
Address:
Surrey, British Columbia
Developer:
Allure Ventures Inc.
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
856 sqft
Occupancy Date:
Jan 2028
Price, CAD
$600,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.85%
Cumulative Return on Investment in Year 5
108.74%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | - | - | - | $23,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $32,000 | $197,000 |
mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $59,000 |
deposit interest | $260 | $260 | $260 | $20 | - | - | - | - | - | - | $800 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $31,000 | $33,000 | $35,000 | $71,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $658,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | - | - | - | $115,000 | - | - | - | - | - | - | $115,000 |
closing cost | - | - | - | $32,000 | - | - | - | - | - | - | $32,000 |
operating expense | - | - | - | $9,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $75,000 |
mortgage payment | - | - | - | $28,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $208,000 |
total expense investment | $5,000 | - | - | $183,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $435,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $26,000 | $33,000 | $35,000 | -$112,300 | $32,000 | $35,000 | $38,000 | $42,000 | $45,000 | $49,000 | $223,000 |
cumulative roi | $627 | $1,000 | $2,000 | $90 | $109 | $126 | $143 | $160 | $178 | $195 | $5,000 |
SkyLiving
Address: Surrey, British Columbia
Price Range: $400,000 - $900,000
Avail. suites: 56
0—3.5 bd
399—1486 SqFt