Suite number:
1103 - SPH3
Project:
Address:
White Rock, British Columbia
Developer:
Solterra Group of Companies
Property type:
condo
Bathrooms:
3.5
Bedrooms:
3
Size:
2215 sqft
Occupancy Date:
Dec 2024
Status
This property is sold
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.58%
Cumulative Return on Investment in Year 5
148.71%
Property Price at the End of Year 5
$3,451,000
Deposit Schedule
$10,000 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 | $139,000 | $147,000 | $154,000 | $162,000 | $171,000 | $179,000 | $189,000 | $199,000 | $209,000 | $220,000 | $1,768,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $40,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $50,000 | $52,000 | $436,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $179,000 | $183,000 | $192,000 | $202,000 | $212,000 | $223,000 | $234,000 | $246,000 | $259,000 | $272,000 | $2,204,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $1,303,000 |
| total expense investment | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $130,000 | $1,303,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $49,000 | $53,000 | $62,000 | $72,000 | $82,000 | $93,000 | $104,000 | $116,000 | $129,000 | $142,000 | $900,000 |
| cumulative roi | $138 | $139 | $142 | $145 | $149 | $152 | $156 | $160 | $165 | $169 | $2,000 |
Monaco
Address: White Rock, British Columbia
Price Range: $810,000 - $1,289,000
Avail. suites: 2
2—3 bd
830—2215 SqFt