Suite number:
B1
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
596 sqft
Occupancy Date:
Jan 2027
Price, CAD
$524,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
23.33%
Cumulative Return on Investment in Year 5
104.88%
Property Price at the End of Year 5
$676,000
Deposit Schedule
Total up to 5% in 7 days
$26,245
5% on Occupancy
$26,245
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 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $346,000 |
rent income | - | $1,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $23,000 | $164,000 |
mortgage principal reduction | - | $528 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $62,000 |
deposit interest | $3,000 | $2,000 | - | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $30,000 | $33,000 | $59,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $583,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
remaining balance payment | - | $52,000 | - | - | - | - | - | - | - | - | $52,000 |
closing cost | - | $30,000 | - | - | - | - | - | - | - | - | $30,000 |
operating expense | - | $539 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $57,000 |
mortgage payment | - | $2,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $212,000 |
total expense investment | $52,000 | $85,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $404,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$22,619 | -$52,110 | $26,000 | $24,000 | $27,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $179,000 |
cumulative roi | $57 | $47 | $71 | $89 | $105 | $120 | $135 | $150 | $164 | $179 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $525,000 - $705,000
Avail. suites: 13
1—2.5 bd
540—1142 SqFt