Suite number:
A2
Project:
Address:
Surrey, British Columbia
Developer:
Solterra Group of Companies
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
575 sqft
Occupancy Date:
Dec 2027
Price, CAD
$581,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.95%
Cumulative Return on Investment in Year 5
105.75%
Property Price at the End of Year 5
$750,000
Deposit Schedule
$10,000 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 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $384,000 |
rent income | - | - | - | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $160,000 |
mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $58,000 |
deposit interest | $519 | $520 | $488 | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $31,000 | $32,000 | $34,000 | $67,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $609,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | $106,000 | - | - | - | - | - | - | - | $106,000 |
closing cost | - | - | $31,000 | - | - | - | - | - | - | - | $31,000 |
operating expense | - | - | - | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $63,000 |
mortgage payment | - | - | - | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $204,000 |
total expense investment | $10,000 | - | $138,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $39,000 | $414,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $21,000 | $32,000 | -$103,547 | $30,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $194,000 |
cumulative roi | $307 | $630 | $66 | $89 | $106 | $121 | $136 | $150 | $164 | $179 | $2,000 |
Vivere
Address: Surrey, British Columbia
Price Range: $565,000 - $1,199,000
Avail. suites: 17
1—3.5 bd
538—3621 SqFt