Suite number:
2608 A1
Project:
Address:
Surrey, British Columbia
Developer:
Thind
Property type:
condo
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
23.59%
Cumulative Return on Investment in Year 5
99.83%
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 | - | - | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $52,000 |
| 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 | $50,000 | $52,000 | $55,000 | $58,000 | $60,000 | $457,000 |
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 | - | - | - | $28,000 | - | - | - | - | - | - | $28,000 |
| operating expense | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $36,000 |
| mortgage payment | - | - | - | $21,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $171,000 |
| total expense investment | $13,000 | - | - | $143,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $339,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $15,000 | $29,000 | $30,000 | -$95,470 | $17,000 | $20,000 | $22,000 | $24,000 | $27,000 | $30,000 | $118,000 |
| cumulative roi | $213 | $437 | $672 | $88 | $100 | $110 | $119 | $128 | $136 | $144 | $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