Suite number:
309 A6
Project:
Address:
White Rock, British Columbia
Developer:
Solterra Group of Companies
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
830 sqft
Occupancy Date:
Sep 2024
Price, CAD
$829,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
62.99%
Cumulative Return on Investment in Year 5
291.16%
Property Price at the End of Year 5
$1,069,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 7 days
$31,495
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 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $65,000 | $68,000 | $548,000 |
| rent income | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $307,000 |
| mortgage principal reduction | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $141,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $85,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $116,000 | $122,000 | $1,001,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $119,000 |
| mortgage payment | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $380,000 |
| total expense investment | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $52,000 | $500,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $37,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $55,000 | $60,000 | $65,000 | $70,000 | $501,000 |
| cumulative roi | $282 | $269 | $273 | $281 | $291 | $303 | $316 | $331 | $347 | $364 | $3,000 |
Located at the crest of the hill in White Rock's Lower Johnston Road neighbourhood, Monaco offers the perfect combination of proximity to urban conveniences and a quiet, sophisticated setting. Monaco will be the last of its kind with unobstructed vie...
Address: White Rock, British Columbia
Price Range: $830,000 - $2,679,000
Avail. suites: 3
2—3 bd
830—2215 SqFt