Suite number:
A3
Project:
Address:
Langley Twp, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
582 sqft
Occupancy Date:
Jan 2027
$500,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.21%
Cumulative Return on Investment in Year 5
112.70%
Property Price at the End of Year 5
$644,000
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
rent income | - | - | $17,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $186,000 |
mortgage principal reduction | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $59,000 |
deposit interest | $3,000 | $3,000 | $288 | - | - | - | - | - | - | - | $5,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $29,000 | $30,000 | $56,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $585,000 |
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 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $72,000 |
mortgage payment | - | - | $20,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $191,000 |
total expense investment | $50,000 | - | $105,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $34,000 | $35,000 | $390,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$21,484 | $30,000 | -$48,666 | $25,000 | $28,000 | $31,000 | $33,000 | $36,000 | $39,000 | $43,000 | $195,000 |
cumulative roi | $57 | $117 | $74 | $94 | $113 | $130 | $148 | $165 | $183 | $202 | $1,000 |
Unison
Address: Langley Twp, British Columbia
Price Range: $400,000 - $700,000
Avail. suites: 14
0—3 bd
464—1043 SqFt