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$605,000

1 Beds

1 Bath

601 sqft

b4-13882 104 Ave, Surrey, BC, V3T 1W9

Surrey BC, V3T 1W9

MLS® # PB717-B4

Property Features:

  • Bedrooms: 1.0
  • Bathrooms: 1.0
  • Floor Space (approx): 601

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

84.6%

Cumulative Market Appreciation

$167,150

Net Operating Income in Year 5

$8,670

Cash on Cash Return in Year 5

-14.2%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$121,000
Mortgage Amount $484,000
Mortgage Payment
%
$2,511

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,171
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $613
Net Operating Income $558
Debt Service
Mortgage Payment $2,511
Net Cash Flow -$1,953

Acquistion Costs

Deposit $60,500
Land Transfer Tax $10,100
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $60,500
Total Acquisition Costs $147,600

Deposit Schedule

With the Offer $10,000
Deposit @ 30 days $20,250
Deposit @ 90 days $30,250
Total Deposit $60,500
Closing Date Jun 1, 2028

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $60,500 - - - - - - - - -
Closing Costs - - - $87,100 - - - - - -
Mortgage Paydown - - - $6,889$7,861$8,239$8,635$9,050$9,485$9,941
Total $60,500$0$0$93,989$7,861$8,239$8,635$9,050$9,485$9,941
Cash Invested $60,500$60,500$60,500$154,489$162,351$170,590$179,226$188,276$197,762$207,703
Rental Cash Flows
Rent and other income - - - $12,891$14,617$15,246$15,901$16,585$17,298$18,042
Operating Expenses - - - -$6,751-$7,527-$7,709-$7,895-$8,087-$8,284-$8,486
Mortgage Payment - - - -$27,624-$30,135-$30,135-$30,135-$30,135-$30,135-$30,135
Net Cash Flow - - - -$21,483-$23,045-$22,598-$22,129-$21,637-$21,120-$20,579
Returns
Property Price Appreciation $30,250$31,762$33,350$35,018$36,769$38,607$40,537$42,564$44,693$46,927
Mortgage Paydown - - - $6,889$7,861$8,239$8,635$9,050$9,485$9,941
Net Cash Flow - - - -$21,483-$23,045-$22,598-$22,129-$21,637-$21,120-$20,579
Total Return $30,250$31,762$33,350$20,423$21,585$24,248$27,044$29,978$33,057$36,289
Cumulative Return $30,250$62,012$95,363$115,786$137,372$161,621$188,665$218,643$251,701$287,991
Investment Metrics
Cumulative ROI 50.0% 102.5% 157.6% 74.9% 84.6% 94.7% 105.3% 116.1% 127.3% 138.7%
Cash On Cash - - - -13.9% -14.2% -13.2% -12.3% -11.5% -10.7% -9.9%

Location of b4-13882 104 Ave, Surrey, BC, V3T 1W9

Demographic Information of b4-13882 104 Ave, Surrey, BC, V3T 1W9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$102,335.65

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.11 %

High school certificate or equivalent

35.26 %

Apprenticeship trade certificate/diploma

4.23 %

College/non-university certificate

14.93 %

University certificate (below bachelor)

2.03 %

University Degree

23.44 %

Commuter

Travel To Work

By Car

67.34 %

By Public Transit

28.46 %

By Walking

2.34 %

By Bicycle

0.0 %

By Other Methods

1.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.7 %

Houses

59.3 %

Own Vs. Rent