Suite number:
B7
Project:
Address:
Abbotsford, British Columbia
Developer:
Heinrichs Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
668 sqft
Occupancy Date:
Jan 2027
Price, CAD
$459,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.87%
Cumulative Return on Investment in Year 5
99.65%
Property Price at the End of Year 5
$592,000
Deposit Schedule
$5,000 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 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $304,000 |
rent income | - | - | $12,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $140,000 |
mortgage principal reduction | - | - | $4,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $52,000 |
deposit interest | $260 | $260 | $61 | - | - | - | - | - | - | - | $581 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $24,000 | $25,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $60,000 | $63,000 | $66,000 | $501,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | - | - | $87,000 | - | - | - | - | - | - | - | $87,000 |
closing cost | - | - | $29,000 | - | - | - | - | - | - | - | $29,000 |
operating expense | - | - | $5,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $52,000 |
mortgage payment | - | - | $17,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $178,000 |
total expense investment | $5,000 | - | $138,000 | $29,000 | $29,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $351,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $19,000 | $25,000 | -$90,113 | $21,000 | $23,000 | $25,000 | $28,000 | $30,000 | $33,000 | $36,000 | $150,000 |
cumulative roi | $482 | $990 | $66 | $84 | $100 | $115 | $129 | $144 | $158 | $173 | $2,000 |
Scout
Address: Abbotsford, British Columbia
Price Range: $385,000 - $590,000
Avail. suites: 30
0—2 bd
487—1268 SqFt