Suite number:
W2
Address:
Surrey, British Columbia
Developer:
Dawson + Sawyer
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
640 sqft
Occupancy Date:
May 2027
Price, CAD
$600,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.80%
Cumulative Return on Investment in Year 5
105.11%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 7 days
$30,000
5% on Occupancy
$30,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | - | - | $14,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $168,000 |
mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $68,000 |
deposit interest | $2,000 | $3,000 | $529 | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $33,000 | $36,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $76,000 | $80,000 | $84,000 | $642,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
remaining balance payment | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
closing cost | - | - | $32,000 | - | - | - | - | - | - | - | $32,000 |
operating expense | - | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $61,000 |
mortgage payment | - | - | $23,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $233,000 |
total expense investment | $60,000 | - | $120,000 | $37,000 | $38,000 | $38,000 | $38,000 | $38,000 | $38,000 | $39,000 | $446,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$27,485 | $36,000 | -$59,800 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $46,000 | $196,000 |
cumulative roi | $54 | $114 | $72 | $89 | $105 | $120 | $134 | $147 | $161 | $175 | $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