Suite number:
B1
Project:
Address:
Langley Twp, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Bathrooms:
1
Bedrooms:
2.5
Size:
863 sqft
Occupancy Date:
Jan 2027
$700,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.49%
Cumulative Return on Investment in Year 5
117.47%
Property Price at the End of Year 5
$902,000
Deposit Schedule
$10 at Signing
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 | $36,000 | $38,000 | $40,000 | $42,000 | $45,000 | $47,000 | $49,000 | $52,000 | $55,000 | $57,000 | $462,000 |
rent income | - | - | $25,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $40,000 | $275,000 |
mortgage principal reduction | - | - | $8,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $83,000 |
deposit interest | $4,000 | $4,000 | $403 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $40,000 | $42,000 | $78,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $833,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
remaining balance payment | - | - | $70,000 | - | - | - | - | - | - | - | $70,000 |
closing cost | - | - | $32,000 | - | - | - | - | - | - | - | $32,000 |
operating expense | - | - | $10,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $105,000 |
mortgage payment | - | - | $28,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $267,000 |
total expense investment | $70,000 | - | $140,000 | $46,000 | $47,000 | $47,000 | $48,000 | $48,000 | $49,000 | $49,000 | $544,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$30,078 | $42,000 | -$61,985 | $37,000 | $40,000 | $44,000 | $48,000 | $52,000 | $57,000 | $61,000 | $289,000 |
cumulative roi | $57 | $117 | $77 | $98 | $117 | $137 | $156 | $175 | $194 | $215 | $1,000 |
Unison
Address: Langley Twp, British Columbia
Price Range: $400,000 - $700,000
Avail. suites: 14
0—3 bd
464—1043 SqFt