Suite number:
B2
Project:
Address:
Abbotsford, British Columbia
Developer:
Heinrichs Developments
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
664 sqft
Occupancy Date:
Mar 2027
Price, CAD
$469,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
22.22%
Cumulative Return on Investment in Year 5
99.25%
Property Price at the End of Year 5
$605,000
Deposit Schedule
$5 at Signing
Total up to 5% in 180 days
$23,495
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 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $310,000 |
rent income | - | $4,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $150,000 |
mortgage principal reduction | - | $1,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $57,000 |
deposit interest | $1,000 | $875 | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $26,000 | $37,000 | $49,000 | $51,000 | $53,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $525,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $23,000 | - | - | - | - | - | - | - | - | - | $23,000 |
remaining balance payment | - | $70,000 | - | - | - | - | - | - | - | - | $70,000 |
closing cost | - | $29,000 | - | - | - | - | - | - | - | - | $29,000 |
operating expense | - | $2,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $56,000 |
mortgage payment | - | $6,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $194,000 |
total expense investment | $23,000 | $107,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $31,000 | $31,000 | $31,000 | $373,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $2,000 | -$69,928 | $19,000 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $34,000 | $37,000 | $152,000 |
cumulative roi | $109 | $48 | $67 | $84 | $99 | $114 | $128 | $142 | $156 | $171 | $1,000 |
Scout
Address: Abbotsford, British Columbia
Price Range: $280,000 - $595,000
Avail. suites: 39
0—2 bd
326—1268 SqFt