Suite number:
205 - B2
Project:
Address:
Mission, British Columbia
Developer:
Redekop Faye
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
546 sqft
Occupancy Date:
Nov 2025
Price, CAD
$474,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.38%
Cumulative Return on Investment in Year 5
98.35%
Property Price at the End of Year 5
$612,000
Deposit Schedule
Total up to 5% in 7 days
$23,745
5% on Occupancy
$23,745
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 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $313,000 |
rent income | $4,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $177,000 |
mortgage principal reduction | $1,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $66,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $37,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $564,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
remaining balance payment | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
closing cost | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
operating expense | $1,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $56,000 |
mortgage payment | $6,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $220,000 |
total expense investment | $131,000 | $29,000 | $29,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $400,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$94,483 | $19,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $34,000 | $37,000 | $40,000 | $164,000 |
cumulative roi | $26 | $47 | $65 | $82 | $98 | $114 | $129 | $144 | $160 | $176 | $1,000 |
Silver & Cedar
Address: Mission, British Columbia
Price Range: $450,000 - $545,000
Avail. suites: 25
2 bd
525—728 SqFt