Suite number:
T3
Address:
Surrey, British Columbia
Developer:
Dawson + Sawyer
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
3
Size:
1269 sqft
Occupancy Date:
May 2027
Price, CAD
$800,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
29.29%
Cumulative Return on Investment in Year 5
128.58%
Property Price at the End of Year 5
$1,030,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 7 days
$40,000
5% on Occupancy
$40,000
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 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $66,000 | $528,000 |
rent income | - | - | $33,000 | $46,000 | $48,000 | $50,000 | $52,000 | $54,000 | $56,000 | $59,000 | $398,000 |
mortgage principal reduction | - | - | $7,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $90,000 |
deposit interest | $2,000 | $4,000 | $705 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $43,000 | $48,000 | $92,000 | $104,000 | $109,000 | $115,000 | $120,000 | $126,000 | $132,000 | $138,000 | $1,028,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $80,000 | - | - | - | - | - | - | - | - | - | $80,000 |
remaining balance payment | - | - | $80,000 | - | - | - | - | - | - | - | $80,000 |
closing cost | - | - | $36,000 | - | - | - | - | - | - | - | $36,000 |
operating expense | - | - | $10,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $118,000 |
mortgage payment | - | - | $30,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $40,000 | $310,000 |
total expense investment | $80,000 | - | $156,000 | $54,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $57,000 | $624,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$36,646 | $48,000 | -$63,574 | $50,000 | $55,000 | $60,000 | $65,000 | $70,000 | $76,000 | $82,000 | $404,000 |
cumulative roi | $54 | $114 | $77 | $103 | $129 | $156 | $184 | $215 | $249 | $285 | $2,000 |
Fleetwood Village 2 - Building 6 and Building 7
Address: Surrey, British Columbia
Price Range: $500,000 - $800,000
Avail. suites: 15
1—3 bd
640—1269 SqFt