Suite number:
C1
Project:
Address:
Surrey, British Columbia
Developer:
Solterra Group of Companies
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
2041 sqft
Occupancy Date:
Dec 2027
$1,198,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.86%
Cumulative Return on Investment in Year 5
143.75%
Property Price at the End of Year 5
$1,545,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$59,945
5% in 180 days
$59,945
5% on Occupancy
$59,945
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 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $89,000 | $94,000 | $98,000 | $791,000 |
rent income | - | - | - | $66,000 | $74,000 | $78,000 | $81,000 | $84,000 | $88,000 | $92,000 | $563,000 |
mortgage principal reduction | - | - | - | $14,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $123,000 |
deposit interest | $5,000 | $9,000 | $9,000 | $205 | - | - | - | - | - | - | $24,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $67,000 | $75,000 | $78,000 | $158,000 | $167,000 | $175,000 | $183,000 | $192,000 | $201,000 | $210,000 | $1,506,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $180,000 | - | - | - | - | - | - | - | - | - | $180,000 |
remaining balance payment | - | - | - | $60,000 | - | - | - | - | - | - | $60,000 |
closing cost | - | - | - | $42,000 | - | - | - | - | - | - | $42,000 |
operating expense | - | - | - | $25,000 | $28,000 | $29,000 | $30,000 | $31,000 | $32,000 | $33,000 | $206,000 |
mortgage payment | - | - | - | $53,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | $403,000 |
total expense investment | $180,000 | - | - | $180,000 | $86,000 | $87,000 | $88,000 | $89,000 | $90,000 | $91,000 | $891,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$112,978 | $75,000 | $78,000 | -$22,626 | $81,000 | $88,000 | $95,000 | $103,000 | $111,000 | $119,000 | $614,000 |
cumulative roi | $37 | $79 | $122 | $116 | $144 | $172 | $203 | $235 | $271 | $310 | $2,000 |
Vivere
Address: Surrey, British Columbia
Price Range: $565,000 - $1,199,000
Avail. suites: 17
1—3.5 bd
538—3621 SqFt