Suite number:
2608 A1
Project:
Address:
Surrey, British Columbia
Developer:
Thind
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
420 sqft
Occupancy Date:
Dec 2027
Price, CAD
$515,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.04%
Cumulative Return on Investment in Year 5
97.91%
Property Price at the End of Year 5
$665,000
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 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $340,000 |
rent income | - | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $57,000 |
mortgage principal reduction | - | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $50,000 |
deposit interest | $670 | $671 | $671 | $100 | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $27,000 | $29,000 | $30,000 | $48,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $60,000 | $455,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $13,000 | - | - | - | - | - | - | - | - | - | $13,000 |
remaining balance payment | - | - | - | $90,000 | - | - | - | - | - | - | $90,000 |
closing cost | - | - | - | $30,000 | - | - | - | - | - | - | $30,000 |
operating expense | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $35,000 |
mortgage payment | - | - | - | $22,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $177,000 |
total expense investment | $13,000 | - | - | $146,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $344,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $15,000 | $29,000 | $30,000 | -$97,829 | $16,000 | $19,000 | $21,000 | $24,000 | $26,000 | $29,000 | $111,000 |
cumulative roi | $213 | $437 | $672 | $87 | $98 | $108 | $117 | $125 | $133 | $141 | $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