Suite number:
E1
Project:
Address:
Surrey, British Columbia
Developer:
Oviedo Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
826 sqft
Occupancy Date:
Sep 2028
Price, CAD
$740,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
27.57%
Cumulative Return on Investment in Year 5
118.60%
Property Price at the End of Year 5
$955,000
Deposit Schedule
$10,000 at Signing
Total up to 5% in 180 days
$37,045
5% on Occupancy
$37,045
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 | $38,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $489,000 |
| rent income | - | - | - | $22,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $221,000 |
| mortgage principal reduction | - | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $71,000 |
| deposit interest | $1,000 | $3,000 | $4,000 | $790 | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $40,000 | $43,000 | $46,000 | $79,000 | $86,000 | $91,000 | $95,000 | $100,000 | $104,000 | $110,000 | $794,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | $37,000 | - | - | - | - | - | - | - | - | $74,000 |
| remaining balance payment | - | - | - | $74,000 | - | - | - | - | - | - | $74,000 |
| closing cost | - | - | - | $34,000 | - | - | - | - | - | - | $34,000 |
| operating expense | - | - | - | $8,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $81,000 |
| mortgage payment | - | - | - | $28,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $250,000 |
| total expense investment | $37,000 | $37,000 | - | $145,000 | $49,000 | $49,000 | $49,000 | $49,000 | $50,000 | $50,000 | $514,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $3,000 | $6,000 | $46,000 | -$65,577 | $38,000 | $42,000 | $46,000 | $50,000 | $55,000 | $60,000 | $280,000 |
| cumulative roi | $107 | $112 | $175 | $100 | $119 | $136 | $152 | $169 | $186 | $203 | $1,000 |
BridgeCity
Address: Surrey, British Columbia
Price Range: $380,000 - $741,000
Avail. suites: 11
0—2.5 bd
388—917 SqFt