Suite number:
1307 B1
Project:
Address:
Surrey, British Columbia
Developer:
Thind
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
483 sqft
Occupancy Date:
Dec 2027
$506,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.40%
Cumulative Return on Investment in Year 5
103.33%
Property Price at the End of Year 5
$653,000
Deposit Schedule
$2.5 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 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $335,000 |
rent income | - | - | - | $9,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $88,000 |
mortgage principal reduction | - | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $51,000 |
deposit interest | $658 | $659 | $659 | $98 | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $27,000 | $28,000 | $30,000 | $51,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $480,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $13,000 | - | - | - | - | - | - | - | - | - | $13,000 |
remaining balance payment | - | - | - | $89,000 | - | - | - | - | - | - | $89,000 |
closing cost | - | - | - | $28,000 | - | - | - | - | - | - | $28,000 |
operating expense | - | - | - | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $41,000 |
mortgage payment | - | - | - | $21,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $168,000 |
total expense investment | $13,000 | - | - | $142,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $31,000 | $339,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $14,000 | $28,000 | $30,000 | -$91,312 | $21,000 | $23,000 | $25,000 | $28,000 | $31,000 | $33,000 | $141,000 |
cumulative roi | $213 | $437 | $672 | $89 | $103 | $116 | $127 | $138 | $148 | $159 | $2,000 |
District Northwest - North Tower
Address: Surrey, British Columbia
Price Range: $507,000 - $864,000
Avail. suites: 8
0—2 bd
420—746 SqFt