Suite number:
W2
Address:
Surrey, British Columbia
Developer:
Dawson + Sawyer
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
640 sqft
Occupancy Date:
May 2027
Price, CAD
$625,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.82%
Cumulative Return on Investment in Year 5
101.51%
Property Price at the End of Year 5
$805,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 7 days
$31,250
5% on Occupancy
$31,250
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 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $412,000 |
rent income | - | $3,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $179,000 |
mortgage principal reduction | - | $1,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $75,000 |
deposit interest | $2,000 | $2,000 | - | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $34,000 | $46,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $79,000 | $83,000 | $87,000 | $675,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $63,000 | - | - | - | - | - | - | - | - | - | $63,000 |
remaining balance payment | - | $63,000 | - | - | - | - | - | - | - | - | $63,000 |
closing cost | - | $32,000 | - | - | - | - | - | - | - | - | $32,000 |
operating expense | - | $1,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $65,000 |
mortgage payment | - | $5,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $256,000 |
total expense investment | $63,000 | $101,000 | $39,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $477,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$28,445 | -$54,875 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $44,000 | $48,000 | $198,000 |
cumulative roi | $54 | $50 | $69 | $86 | $102 | $116 | $129 | $143 | $156 | $170 | $1,000 |
Fleetwood Village 2 - Building 6 and Building 7
Address: Surrey, British Columbia
Price Range: $510,000 - $800,000
Avail. suites: 7
1—3 bd
640—1269 SqFt