Suite number:
B3
Project:
Address:
Surrey, British Columbia
Developer:
Genaris Properties
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
965 sqft
Occupancy Date:
Dec 2024
Price, CAD
$744,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.82%
Cumulative Return on Investment in Year 5
114.40%
Property Price at the End of Year 5
$960,000
Deposit Schedule
$2.5 at Signing
Total up to 7.5% in 360 days
$55,868
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 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $492,000 |
| rent income | $31,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $408,000 |
| mortgage principal reduction | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $117,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $83,000 | $86,000 | $90,000 | $94,000 | $99,000 | $104,000 | $108,000 | $114,000 | $119,000 | $125,000 | $1,022,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
| remaining balance payment | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
| closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
| operating expense | $10,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $131,000 |
| mortgage payment | $33,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $359,000 |
| total expense investment | $226,000 | $48,000 | $48,000 | $49,000 | $49,000 | $50,000 | $50,000 | $50,000 | $51,000 | $51,000 | $672,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$142,057 | $38,000 | $42,000 | $46,000 | $50,000 | $54,000 | $59,000 | $63,000 | $68,000 | $73,000 | $350,000 |
| cumulative roi | $27 | $50 | $72 | $93 | $114 | $136 | $158 | $182 | $207 | $234 | $1,000 |
Stowa
Address: Surrey, British Columbia
Price Range: $370,000 - $745,000
Avail. suites: 20
0—3 bd
389—1003 SqFt