Suite number:
Sph3
Project:
Address:
White Rock, British Columbia
Developer:
RDG Management Ltd
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1596 sqft
Occupancy Date:
Jun 2024
$2,249,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.63%
Cumulative Return on Investment in Year 5
149.81%
Property Price at the End of Year 5
$2,899,000
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 | $117,000 | $123,000 | $129,000 | $136,000 | $143,000 | $151,000 | $159,000 | $167,000 | $175,000 | $185,000 | $1,485,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $39,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $373,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $156,000 | $154,000 | $162,000 | $170,000 | $179,000 | $188,000 | $197,000 | $207,000 | $218,000 | $229,000 | $1,858,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $1,094,000 |
total expense investment | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $109,000 | $1,094,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $46,000 | $44,000 | $52,000 | $60,000 | $69,000 | $78,000 | $88,000 | $98,000 | $108,000 | $119,000 | $764,000 |
cumulative roi | $142 | $141 | $144 | $146 | $150 | $153 | $157 | $161 | $165 | $170 | $2,000 |
Soleil
Address: White Rock, British Columbia
Price Range: $1,290,000 - $2,250,000
Avail. suites: 2
2.5—3 bd
1091—1596 SqFt