Suite number:
Ph 2
Project:
Address:
Surrey, British Columbia
Developer:
Darshan Co.
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
377 sqft
Occupancy Date:
Dec 2028
$462,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
29.72%
Cumulative Return on Investment in Year 5
109.48%
Property Price at the End of Year 5
$596,000
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 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $305,000 |
rent income | - | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $43,000 |
mortgage principal reduction | - | - | - | - | $5,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $39,000 |
deposit interest | $519 | $520 | $520 | $520 | $78 | - | - | - | - | - | $2,000 |
gst hst rebate | - | - | - | - | $5,000 | - | - | - | - | - | $5,000 |
total income return | $25,000 | $26,000 | $27,000 | $29,000 | $45,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $394,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $10,000 | - | - | - | - | - | - | - | - | - | $10,000 |
remaining balance payment | - | - | - | - | $83,000 | - | - | - | - | - | $83,000 |
closing cost | - | - | - | - | $27,000 | - | - | - | - | - | $27,000 |
operating expense | - | - | - | - | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $28,000 |
mortgage payment | - | - | - | - | $19,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $131,000 |
total expense investment | $10,000 | - | - | - | $132,000 | $27,000 | $27,000 | $27,000 | $28,000 | $28,000 | $279,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $15,000 | $26,000 | $27,000 | $29,000 | -$87,313 | $17,000 | $19,000 | $21,000 | $23,000 | $26,000 | $115,000 |
cumulative roi | $245 | $504 | $775 | $1,000 | $109 | $119 | $128 | $136 | $144 | $151 | $3,000 |
Parksville 96
Address: Surrey, British Columbia
Price Range: $337,000 - $839,000
Avail. suites: 55
0—3.5 bd
377—1585 SqFt