Suite number:
A5
Project:
Address:
Surrey, British Columbia
Developer:
Genaris Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
905 sqft
Occupancy Date:
Dec 2024
Price, CAD
$589,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.57%
Cumulative Return on Investment in Year 5
109.18%
Property Price at the End of Year 5
$760,000
Deposit Schedule
$2.5 at Signing
Total up to 7.5% in 360 days
$44,243
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 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $389,000 |
| rent income | $24,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $319,000 |
| mortgage principal reduction | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $93,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $67,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $85,000 | $90,000 | $94,000 | $98,000 | $806,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $44,000 | - | - | - | - | - | - | - | - | - | $44,000 |
| remaining balance payment | $74,000 | - | - | - | - | - | - | - | - | - | $74,000 |
| closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $113,000 |
| mortgage payment | $26,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $285,000 |
| total expense investment | $183,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $545,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$116,301 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $45,000 | $49,000 | $52,000 | $57,000 | $261,000 |
| cumulative roi | $27 | $49 | $70 | $90 | $109 | $129 | $149 | $170 | $192 | $216 | $1,000 |
Stowa
Address: Surrey, British Columbia
Price Range: $370,000 - $745,000
Avail. suites: 20
0—3 bd
389—1003 SqFt