Suite number:
B1
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
552 sqft
Occupancy Date:
Sep 2028
Price, CAD
$489,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
27.31%
Cumulative Return on Investment in Year 5
117.10%
Property Price at the End of Year 5
$631,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$24,495
5% on Occupancy
$24,495
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 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $323,000 |
| rent income | - | - | - | $2,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $89,000 |
| mortgage principal reduction | - | - | - | $1,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $44,000 |
| deposit interest | $895 | $2,000 | $3,000 | $2,000 | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $26,000 | $29,000 | $31,000 | $40,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $64,000 | $469,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $24,000 | $24,000 | - | - | - | - | - | - | - | - | $49,000 |
| remaining balance payment | - | - | - | $49,000 | - | - | - | - | - | - | $49,000 |
| closing cost | - | - | - | $28,000 | - | - | - | - | - | - | $28,000 |
| operating expense | - | - | - | $1,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $46,000 |
| mortgage payment | - | - | - | $4,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $147,000 |
| total expense investment | $24,000 | $24,000 | - | $82,000 | $31,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $319,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $2,000 | $4,000 | $31,000 | -$41,990 | $20,000 | $22,000 | $24,000 | $27,000 | $30,000 | $32,000 | $150,000 |
| cumulative roi | $107 | $112 | $175 | $103 | $117 | $129 | $141 | $151 | $162 | $172 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $738,000
Avail. suites: 18
0—2.5 bd
388—917 SqFt