Suite number:
414 - C1
Project:
Address:
Mission, British Columbia
Developer:
Redekop Faye
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
728 sqft
Occupancy Date:
Nov 2025
Price, CAD
$529,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.04%
Cumulative Return on Investment in Year 5
105.70%
Property Price at the End of Year 5
$683,000
Deposit Schedule
Total up to 5% in 7 days
$26,495
5% on Occupancy
$26,495
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 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $350,000 |
rent income | $5,000 | $22,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $29,000 | $30,000 | $236,000 |
mortgage principal reduction | $2,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $74,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $41,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $667,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
remaining balance payment | $53,000 | - | - | - | - | - | - | - | - | - | $53,000 |
closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
operating expense | $2,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $71,000 |
mortgage payment | $7,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $245,000 |
total expense investment | $144,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $453,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$103,097 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $45,000 | $48,000 | $214,000 |
cumulative roi | $26 | $48 | $68 | $87 | $106 | $124 | $142 | $161 | $181 | $201 | $1,000 |
Silver & Cedar
Address: Mission, British Columbia
Price Range: $450,000 - $545,000
Avail. suites: 25
2 bd
525—728 SqFt