Suite number:
TH7
Project:
Address:
Surrey, British Columbia
Developer:
Panorama West Group
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
1292 sqft
Occupancy Date:
Jan 2025
$919,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
25.29%
Cumulative Return on Investment in Year 5
115.92%
Property Price at the End of Year 5
$1,185,000
Deposit Schedule
$5 at Signing
Net Gain (Loss)
Get Expert Advice
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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $72,000 | $75,000 | $607,000 |
rent income | $38,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $60,000 | $63,000 | $66,000 | $541,000 |
mortgage principal reduction | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $144,000 |
deposit interest | $347 | - | - | - | - | - | - | - | - | - | $347 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $101,000 | $110,000 | $115,000 | $120,000 | $126,000 | $132,000 | $138,000 | $145,000 | $152,000 | $159,000 | $1,297,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
remaining balance payment | $138,000 | - | - | - | - | - | - | - | - | - | $138,000 |
closing cost | $36,000 | - | - | - | - | - | - | - | - | - | $36,000 |
operating expense | $15,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $23,000 | $200,000 |
mortgage payment | $37,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $45,000 | $440,000 |
total expense investment | $272,000 | $63,000 | $63,000 | $64,000 | $65,000 | $65,000 | $66,000 | $67,000 | $67,000 | $68,000 | $861,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$171,676 | $47,000 | $51,000 | $56,000 | $61,000 | $67,000 | $72,000 | $78,000 | $84,000 | $91,000 | $436,000 |
cumulative roi | $27 | $50 | $73 | $94 | $116 | $138 | $161 | $184 | $210 | $238 | $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