Suite number:
B2
Project:
Address:
Surrey, British Columbia
Developer:
Genaris Properties
Property type:
condo
Bathrooms:
1.5
Bedrooms:
2
Size:
750 sqft
Occupancy Date:
Dec 2024
Price, CAD
$599,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
21.63%
Cumulative Return on Investment in Year 5
100.14%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$2.5 at Signing
Total up to 7.5% in 360 days
$44,993
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
| rent income | $20,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $264,000 |
| mortgage principal reduction | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $95,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $63,000 | $64,000 | $67,000 | $70,000 | $73,000 | $77,000 | $81,000 | $84,000 | $88,000 | $93,000 | $760,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $45,000 | - | - | - | - | - | - | - | - | - | $45,000 |
| remaining balance payment | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
| closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| operating expense | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $98,000 |
| mortgage payment | $27,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $289,000 |
| total expense investment | $185,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $537,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$121,224 | $26,000 | $29,000 | $31,000 | $34,000 | $38,000 | $41,000 | $45,000 | $48,000 | $52,000 | $223,000 |
| cumulative roi | $26 | $47 | $66 | $83 | $100 | $116 | $133 | $149 | $166 | $183 | $1,000 |
Stowa
Address: Surrey, British Columbia
Price Range: $370,000 - $745,000
Avail. suites: 20
0—3 bd
389—1003 SqFt