Suite number:
A2
Project:
Address:
Surrey, British Columbia
Developer:
Panorama West Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
624 sqft
Occupancy Date:
Jan 2025
Price, CAD
$554,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.14%
Cumulative Return on Investment in Year 5
84.14%
Property Price at the End of Year 5
$715,000
Deposit Schedule
$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 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $366,000 |
rent income | $13,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $20,000 | $21,000 | $176,000 |
mortgage principal reduction | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $85,000 |
deposit interest | $119 | - | - | - | - | - | - | - | - | - | $119 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $54,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $632,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $28,000 | - | - | - | - | - | - | - | - | - | $28,000 |
remaining balance payment | $83,000 | - | - | - | - | - | - | - | - | - | $83,000 |
closing cost | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
operating expense | $7,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $90,000 |
mortgage payment | $25,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $276,000 |
total expense investment | $175,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $507,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$121,006 | $17,000 | $19,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $39,000 | $125,000 |
cumulative roi | $25 | $43 | $58 | $72 | $84 | $96 | $107 | $117 | $128 | $139 | $869 |
Amaya Living
Address: Surrey, British Columbia
Price Range: $540,000 - $1,010,000
Avail. suites: 12
1—3.5 bd
559—2043 SqFt