Suite number:
C4
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
565 sqft
Occupancy Date:
Sep 2028
$519,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
28.75%
Cumulative Return on Investment in Year 5
123.05%
Property Price at the End of Year 5
$670,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$25,995
5% on Occupancy
$25,995
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 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $343,000 |
rent income | - | - | - | $3,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $137,000 |
mortgage principal reduction | - | - | - | $1,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $47,000 |
deposit interest | $934 | $2,000 | $3,000 | $2,000 | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
total income return | $28,000 | $30,000 | $33,000 | $43,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $539,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $26,000 | $26,000 | - | - | - | - | - | - | - | - | $52,000 |
remaining balance payment | - | - | - | $52,000 | - | - | - | - | - | - | $52,000 |
closing cost | - | - | - | $28,000 | - | - | - | - | - | - | $28,000 |
operating expense | - | - | - | $1,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $52,000 |
mortgage payment | - | - | - | $4,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $156,000 |
total expense investment | $26,000 | $26,000 | - | $86,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $34,000 | $340,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | $4,000 | $33,000 | -$42,812 | $27,000 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $199,000 |
cumulative roi | $107 | $112 | $175 | $104 | $123 | $141 | $157 | $174 | $190 | $207 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $738,000
Avail. suites: 18
0—2.5 bd
388—917 SqFt