Suite number:
2702 D2
Project:
Address:
Surrey, British Columbia
Developer:
Thind
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
722 sqft
Occupancy Date:
Dec 2027
Price, CAD
$863,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.45%
Cumulative Return on Investment in Year 5
106.86%
Property Price at the End of Year 5
$1,113,000
Deposit Schedule
$2.5 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 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $570,000 |
rent income | - | - | - | $18,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $164,000 |
mortgage principal reduction | - | - | - | $9,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $84,000 |
deposit interest | $1,000 | $1,000 | $1,000 | $167 | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $46,000 | $48,000 | $51,000 | $84,000 | $88,000 | $92,000 | $97,000 | $102,000 | $107,000 | $112,000 | $827,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $22,000 | - | - | - | - | - | - | - | - | - | $22,000 |
remaining balance payment | - | - | - | $151,000 | - | - | - | - | - | - | $151,000 |
closing cost | - | - | - | $37,000 | - | - | - | - | - | - | $37,000 |
operating expense | - | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $65,000 |
mortgage payment | - | - | - | $36,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $43,000 | $296,000 |
total expense investment | $22,000 | - | - | $231,000 | $52,000 | $53,000 | $53,000 | $53,000 | $53,000 | $53,000 | $570,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $24,000 | $48,000 | $51,000 | -$147,495 | $36,000 | $40,000 | $44,000 | $49,000 | $53,000 | $59,000 | $256,000 |
cumulative roi | $213 | $437 | $672 | $92 | $107 | $120 | $132 | $143 | $155 | $166 | $2,000 |
District Northwest - North Tower
Address: Surrey, British Columbia
Price Range: $507,000 - $864,000
Avail. suites: 8
0—2 bd
420—746 SqFt