Suite number:
B3
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
830 sqft
Occupancy Date:
Jan 2027
Price, CAD
$504,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.04%
Cumulative Return on Investment in Year 5
120.88%
Property Price at the End of Year 5
$650,000
Deposit Schedule
Total up to 5% in 7 days
$25,245
5% on Occupancy
$25,245
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 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $333,000 |
| rent income | - | - | $20,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $221,000 |
| mortgage principal reduction | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $60,000 |
| deposit interest | $3,000 | $3,000 | $391 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $29,000 | $30,000 | $60,000 | $62,000 | $65,000 | $69,000 | $72,000 | $75,000 | $79,000 | $83,000 | $624,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
| remaining balance payment | - | - | $50,000 | - | - | - | - | - | - | - | $50,000 |
| closing cost | - | - | $28,000 | - | - | - | - | - | - | - | $28,000 |
| operating expense | - | - | $7,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $73,000 |
| mortgage payment | - | - | $20,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $192,000 |
| total expense investment | $50,000 | - | $106,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $394,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$21,741 | $30,000 | -$45,917 | $29,000 | $32,000 | $35,000 | $38,000 | $41,000 | $44,000 | $48,000 | $230,000 |
| cumulative roi | $57 | $117 | $76 | $99 | $121 | $143 | $166 | $189 | $214 | $241 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $505,000 - $680,000
Avail. suites: 20
1—2.5 bd
540—1142 SqFt