Suite number:
T2
Address:
Surrey, British Columbia
Developer:
Dawson + Sawyer
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1047 sqft
Occupancy Date:
May 2027
Price, CAD
$700,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.18%
Cumulative Return on Investment in Year 5
115.21%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 7 days
$35,000
5% on Occupancy
$35,000
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
rent income | - | - | $23,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $275,000 |
mortgage principal reduction | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $79,000 |
deposit interest | $2,000 | $4,000 | $617 | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $38,000 | $42,000 | $75,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $827,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
remaining balance payment | - | - | $70,000 | - | - | - | - | - | - | - | $70,000 |
closing cost | - | - | $34,000 | - | - | - | - | - | - | - | $34,000 |
operating expense | - | - | $8,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $93,000 |
mortgage payment | - | - | $26,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $272,000 |
total expense investment | $70,000 | - | $138,000 | $46,000 | $47,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $538,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$32,066 | $42,000 | -$62,694 | $36,000 | $40,000 | $44,000 | $48,000 | $53,000 | $57,000 | $62,000 | $288,000 |
cumulative roi | $54 | $114 | $74 | $95 | $115 | $135 | $154 | $174 | $194 | $215 | $1,000 |
Fleetwood Village 2 - Building 6 and Building 7
Address: Surrey, British Columbia
Price Range: $500,000 - $800,000
Avail. suites: 15
1—3 bd
640—1269 SqFt