Suite number:
YD
Address:
Surrey, British Columbia
Developer:
Dawson + Sawyer
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
837 sqft
Occupancy Date:
May 2027
Price, CAD
$740,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.82%
Cumulative Return on Investment in Year 5
110.37%
Property Price at the End of Year 5
$953,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 7 days
$37,000
5% on Occupancy
$37,000
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
rent income | - | $10,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $286,000 |
mortgage principal reduction | - | $3,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $91,000 |
deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $40,000 | $61,000 | $82,000 | $85,000 | $90,000 | $94,000 | $98,000 | $103,000 | $108,000 | $113,000 | $875,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
remaining balance payment | - | $74,000 | - | - | - | - | - | - | - | - | $74,000 |
closing cost | - | $34,000 | - | - | - | - | - | - | - | - | $34,000 |
operating expense | - | $3,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $89,000 |
mortgage payment | - | $12,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $309,000 |
total expense investment | $74,000 | $124,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $580,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$33,700 | -$63,286 | $35,000 | $38,000 | $42,000 | $46,000 | $51,000 | $55,000 | $60,000 | $65,000 | $295,000 |
cumulative roi | $54 | $50 | $72 | $92 | $110 | $129 | $147 | $165 | $184 | $204 | $1,000 |
Fleetwood Village 2 - Building 6 and Building 7
Address: Surrey, British Columbia
Price Range: $510,000 - $800,000
Avail. suites: 7
1—3 bd
640—1269 SqFt