Suite number:
C5
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
898 sqft
Occupancy Date:
Jan 2027
Price, CAD
$704,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.47%
Cumulative Return on Investment in Year 5
118.15%
Property Price at the End of Year 5
$908,000
Deposit Schedule
Total up to 5% in 7 days
$35,245
5% on Occupancy
$35,245
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 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $465,000 |
| rent income | - | $3,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $42,000 | $296,000 |
| mortgage principal reduction | - | $709 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $84,000 |
| deposit interest | $4,000 | $3,000 | - | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $40,000 | $45,000 | $86,000 | $85,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $856,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $70,000 | - | - | - | - | - | - | - | - | - | $70,000 |
| remaining balance payment | - | $70,000 | - | - | - | - | - | - | - | - | $70,000 |
| closing cost | - | $34,000 | - | - | - | - | - | - | - | - | $34,000 |
| operating expense | - | $832 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $88,000 |
| mortgage payment | - | $3,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $35,000 | $285,000 |
| total expense investment | $70,000 | $108,000 | $45,000 | $46,000 | $46,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $548,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$30,375 | -$62,738 | $40,000 | $39,000 | $43,000 | $47,000 | $51,000 | $56,000 | $60,000 | $65,000 | $308,000 |
| cumulative roi | $57 | $49 | $75 | $97 | $118 | $139 | $160 | $182 | $205 | $229 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $525,000 - $705,000
Avail. suites: 13
1—2.5 bd
540—1142 SqFt