Suite number:
407 - B4
Project:
Address:
White Rock, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
1273 sqft
Occupancy Date:
Aug 2022
Price, CAD
$1,045,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
33.21%
Cumulative Return on Investment in Year 5
163.00%
Property Price at the End of Year 5
$1,347,000
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 | $54,000 | $57,000 | $60,000 | $63,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $690,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $46,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $22,000 | $216,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $100,000 | $73,000 | $77,000 | $80,000 | $84,000 | $89,000 | $93,000 | $98,000 | $103,000 | $108,000 | $906,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $509,000 |
| total expense investment | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $51,000 | $509,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $50,000 | $22,000 | $26,000 | $30,000 | $34,000 | $38,000 | $42,000 | $47,000 | $52,000 | $57,000 | $397,000 |
| cumulative roi | $197 | $170 | $164 | $162 | $163 | $165 | $168 | $171 | $174 | $178 | $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