Suite number:
Ph 3
Project:
Address:
Surrey, British Columbia
Developer:
Darshan Co.
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
577 sqft
Occupancy Date:
Dec 2028
$657,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
30.06%
Cumulative Return on Investment in Year 5
113.44%
Property Price at the End of Year 5
$848,000
Deposit Schedule
$10,000 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $434,000 |
rent income | - | - | - | - | $11,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $87,000 |
mortgage principal reduction | - | - | - | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $55,000 |
deposit interest | $519 | $520 | $520 | $520 | $78 | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $35,000 | $37,000 | $38,000 | $40,000 | $65,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $584,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | - | - | $122,000 | - | - | - | - | - | $122,000 |
closing cost | - | - | - | - | $31,000 | - | - | - | - | - | $31,000 |
operating expense | - | - | - | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $44,000 |
mortgage payment | - | - | - | - | $27,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $187,000 |
total expense investment | $10,000 | - | - | - | $185,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $394,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $25,000 | $37,000 | $38,000 | $40,000 | -$119,989 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $190,000 |
cumulative roi | $346 | $711 | $1,000 | $1,000 | $113 | $125 | $136 | $146 | $155 | $165 | $4,000 |
Parksville 96
Address: Surrey, British Columbia
Price Range: $337,000 - $839,000
Avail. suites: 55
0—3.5 bd
377—1585 SqFt