Suite number:
C11
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
910 sqft
Occupancy Date:
Jan 2027
Price, CAD
$679,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
28.10%
Cumulative Return on Investment in Year 5
124.63%
Property Price at the End of Year 5
$876,000
Deposit Schedule
Total up to 5% in 7 days
$33,995
5% on Occupancy
$33,995
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $449,000 |
| rent income | - | - | $27,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $290,000 |
| mortgage principal reduction | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $81,000 |
| deposit interest | $3,000 | $4,000 | $382 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $39,000 | $41,000 | $78,000 | $83,000 | $87,000 | $92,000 | $96,000 | $100,000 | $105,000 | $110,000 | $832,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
| remaining balance payment | - | - | $68,000 | - | - | - | - | - | - | - | $68,000 |
| closing cost | - | - | $32,000 | - | - | - | - | - | - | - | $32,000 |
| operating expense | - | - | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $88,000 |
| mortgage payment | - | - | $28,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $259,000 |
| total expense investment | $68,000 | - | $135,000 | $43,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $46,000 | $514,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,276 | $41,000 | -$57,085 | $40,000 | $44,000 | $47,000 | $51,000 | $56,000 | $60,000 | $65,000 | $318,000 |
| cumulative roi | $57 | $117 | $78 | $101 | $125 | $148 | $172 | $196 | $223 | $251 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $510,000 - $680,000
Avail. suites: 20
1—2.5 bd
540—1142 SqFt