Suite number:
A1
Project:
Address:
Surrey, British Columbia
Developer:
Solterra Group of Companies
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
605 sqft
Occupancy Date:
Dec 2027
Price, CAD
$639,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.26%
Cumulative Return on Investment in Year 5
102.52%
Property Price at the End of Year 5
$824,000
Deposit Schedule
$10,000 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 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $53,000 | $422,000 |
rent income | - | - | - | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $141,000 |
mortgage principal reduction | - | - | - | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $64,000 |
deposit interest | $519 | $520 | $488 | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $34,000 | $36,000 | $37,000 | $69,000 | $67,000 | $71,000 | $74,000 | $78,000 | $82,000 | $86,000 | $634,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $118,000 | - | - | - | - | - | - | - | $118,000 |
closing cost | - | - | $32,000 | - | - | - | - | - | - | - | $32,000 |
operating expense | - | - | - | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $64,000 |
mortgage payment | - | - | - | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $224,000 |
total expense investment | $10,000 | - | $150,000 | $41,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $449,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $24,000 | $36,000 | -$112,970 | $29,000 | $27,000 | $30,000 | $33,000 | $37,000 | $40,000 | $44,000 | $185,000 |
cumulative roi | $337 | $692 | $67 | $88 | $103 | $116 | $128 | $139 | $151 | $162 | $2,000 |
Vivere
Address: Surrey, British Columbia
Price Range: $565,000 - $1,199,000
Avail. suites: 17
1—3.5 bd
538—3621 SqFt