Suite number:
B8
Project:
Address:
Surrey, British Columbia
Developer:
Panorama West Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
639 sqft
Occupancy Date:
Jan 2025
Price, CAD
$659,000
Available
ROI
13,47%
Monthly Expenses
- condo fees— $441
- property taxes— $165
- property management— $96
- repairs and maintenance— $48
Total: $749
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.11%
Cumulative Return on Investment in Year 5
88.26%
Property Price at the End of Year 5
$849,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
- Net Gain Loss
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Property Price Appreciation
- 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 | $435,000 |
rent income | $17,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $225,000 |
mortgage principal reduction | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $101,000 |
deposit interest | $141 | - | - | - | - | - | - | - | - | - | $141 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $64,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $89,000 | $94,000 | $766,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
remaining balance payment | $99,000 | - | - | - | - | - | - | - | - | - | $99,000 |
closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
operating expense | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $99,000 |
mortgage payment | $30,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $327,000 |
total expense investment | $203,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $44,000 | $591,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$139,088 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $38,000 | $42,000 | $46,000 | $50,000 | $175,000 |
cumulative roi | $25 | $44 | $60 | $75 | $88 | $101 | $113 | $125 | $137 | $149 | $918 |
Amaya Living
Address: Surrey, British Columbia
Price Range: $540,000 - $1,010,000
Avail. suites: 12
1—3.5 bd
559—2043 SqFt
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80% of Original Price
Options for changing mortgage terms
The rental rate per square foot.