LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$740,900

3 Beds

2 Baths

917 sqft

e2-11151 Bolivar Rd, Surrey, BC, V3T 2T3

Surrey BC, V3T 2T3

MLS® # PB839-E2

Property Features:

  • Bedrooms: 2.5
  • Bathrooms: 2.0
  • Floor Space (approx): 917

This listing content provided by Brokers PlaybookTM

Real Estate Investing Made Simple: See the RLP InvestorsEdge™ Proforma in Action

Potential Investment Performance

Cumulative ROI

99.0%

Cumulative Market Appreciation

$204,697

Net Operating Income in Year 5

$24,652

Cash on Cash Return in Year 5

-8.4%

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
%
$148,180
Mortgage Amount $592,720
Mortgage Payment
%
$3,075

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $2,668
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $1,019
Net Operating Income $1,648
Debt Service
Mortgage Payment $3,075
Net Cash Flow -$1,426

Acquistion Costs

Deposit $74,090
Land Transfer Tax $12,818
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $74,090
Total Acquisition Costs $177,498

Deposit Schedule

With the Offer $10,000
Deposit @ 180 days $27,045
Deposit @ 540 days $37,045
Total Deposit $74,090
Closing Date Sep 1, 2028

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $37,045$37,045 - - - - - - - -
Closing Costs - - - $103,408 - - - - - -
Mortgage Paydown - - - $6,875$9,552$10,011$10,492$10,997$11,525$12,079
Total $37,045$37,045$0$110,283$9,552$10,011$10,492$10,997$11,525$12,079
Cash Invested $37,045$74,090$74,090$184,373$193,926$203,938$214,430$225,428$236,953$249,033
Rental Cash Flows
Rent and other income - - - $24,016$33,054$34,475$35,958$37,504$39,117$40,799
Operating Expenses - - - -$9,175-$12,468-$12,788-$13,117-$13,456-$13,805-$14,165
Mortgage Payment - - - -$27,678-$36,904-$36,904-$36,904-$36,904-$36,904-$36,904
Net Cash Flow - - - -$12,837-$16,318-$15,217-$14,064-$12,856-$11,593-$10,271
Returns
Property Price Appreciation $37,045$38,897$40,842$42,884$45,028$47,279$49,643$52,126$54,732$57,468
Mortgage Paydown - - - $6,875$9,552$10,011$10,492$10,997$11,525$12,079
Net Cash Flow - - - -$12,837-$16,318-$15,217-$14,064-$12,856-$11,593-$10,271
Total Return $37,045$38,897$40,842$36,922$38,262$42,074$46,072$50,266$54,664$59,277
Cumulative Return $37,045$75,942$116,784$153,706$191,969$234,043$280,116$330,382$385,047$444,325
Investment Metrics
Cumulative ROI 100.0% 102.5% 157.6% 83.4% 99.0% 114.8% 130.6% 146.6% 162.5% 178.4%
Cash On Cash - - - -7.0% -8.4% -7.5% -6.6% -5.7% -4.9% -4.1%

Location of e2-11151 Bolivar Rd, Surrey, BC, V3T 2T3

Demographic Information of e2-11151 Bolivar Rd, Surrey, BC, V3T 2T3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$105,673.25

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.2 %

High school certificate or equivalent

38.78 %

Apprenticeship trade certificate/diploma

5.53 %

College/non-university certificate

17.18 %

University certificate (below bachelor)

0.84 %

University Degree

16.47 %

Commuter

Travel To Work

By Car

68.66 %

By Public Transit

27.38 %

By Walking

1.86 %

By Bicycle

0.0 %

By Other Methods

2.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.96 %

Houses

58.04 %

Own Vs. Rent