Suite number:
405 - C1
Project:
Address:
White Rock, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1174 sqft
Occupancy Date:
Aug 2022
Price, CAD
$999,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.14%
Cumulative Return on Investment in Year 5
158.50%
Property Price at the End of Year 5
$1,288,000
Deposit Schedule
$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 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $660,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $46,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $206,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $98,000 | $69,000 | $73,000 | $77,000 | $80,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $865,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $501,000 |
| total expense investment | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $50,000 | $501,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $48,000 | $19,000 | $23,000 | $26,000 | $30,000 | $35,000 | $39,000 | $43,000 | $48,000 | $53,000 | $365,000 |
| cumulative roi | $195 | $167 | $160 | $158 | $158 | $160 | $163 | $166 | $169 | $173 | $2,000 |
Altus
Address: White Rock, British Columbia
Price Range: $900,000 - $1,101,000
Avail. suites: 12
2—2.5 bd
1070—1450 SqFt