Suite number:
B4
Project:
Address:
Surrey, British Columbia
Developer:
Genaris Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
710 sqft
Occupancy Date:
Dec 2024
$599,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.21%
Cumulative Return on Investment in Year 5
98.20%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$2.5 at Signing
Total up to 7.5% in 360 days
$44,993
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 | $19,000 | $22,000 | $23,000 | $23,000 | $24,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $250,000 |
mortgage principal reduction | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $95,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $62,000 | $62,000 | $65,000 | $69,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $746,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
remaining balance payment | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
operating expense | $7,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $93,000 |
mortgage payment | $27,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $289,000 |
total expense investment | $184,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $533,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$121,968 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $40,000 | $44,000 | $47,000 | $51,000 | $213,000 |
cumulative roi | $26 | $47 | $65 | $82 | $98 | $114 | $129 | $145 | $160 | $176 | $1,000 |
Stowa
Address: Surrey, British Columbia
Price Range: $370,000 - $745,000
Avail. suites: 20
0—3 bd
389—1003 SqFt