Suite number:
TH6
Project:
Address:
Surrey, British Columbia
Developer:
Panorama West Group
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
968 sqft
Occupancy Date:
Jan 2025
$749,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.88%
Cumulative Return on Investment in Year 5
109.84%
Property Price at the End of Year 5
$966,000
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 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $56,000 | $58,000 | $62,000 | $495,000 |
rent income | $28,000 | $35,000 | $37,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $405,000 |
mortgage principal reduction | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $117,000 |
deposit interest | $283 | - | - | - | - | - | - | - | - | - | $283 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $81,000 | $86,000 | $90,000 | $95,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $125,000 | $1,023,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
remaining balance payment | $112,000 | - | - | - | - | - | - | - | - | - | $112,000 |
closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
operating expense | $11,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $17,000 | $18,000 | $152,000 |
mortgage payment | $30,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $359,000 |
total expense investment | $225,000 | $50,000 | $51,000 | $51,000 | $52,000 | $52,000 | $53,000 | $53,000 | $54,000 | $54,000 | $694,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$144,027 | $36,000 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $61,000 | $66,000 | $71,000 | $329,000 |
cumulative roi | $27 | $49 | $70 | $90 | $110 | $129 | $149 | $170 | $192 | $215 | $1,000 |
Amaya Living
Address: Surrey, British Columbia
Price Range: $540,000 - $1,010,000
Avail. suites: 12
1—3.5 bd
559—2043 SqFt