Suite number:
A5 - BUILDING 1
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
555 sqft
Occupancy Date:
Dec 2027
Price, CAD
$539,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.09%
Cumulative Return on Investment in Year 5
110.07%
Property Price at the End of Year 5
$696,000
Deposit Schedule
Total up to 5% in 0 days
$26,995
5% on Occupancy
$26,995
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 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $356,000 |
| rent income | - | - | - | $12,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $102,000 |
| mortgage principal reduction | - | - | - | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $55,000 |
| deposit interest | $3,000 | $3,000 | $3,000 | $62 | - | - | - | - | - | - | $8,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $31,000 | $32,000 | $34,000 | $56,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $527,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $54,000 | - | - | - | - | - | - | - | - | - | $54,000 |
| remaining balance payment | - | - | - | $54,000 | - | - | - | - | - | - | $54,000 |
| closing cost | - | - | - | $29,000 | - | - | - | - | - | - | $29,000 |
| operating expense | - | - | - | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $56,000 |
| mortgage payment | - | - | - | $24,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $182,000 |
| total expense investment | $54,000 | - | - | $114,000 | $34,000 | $34,000 | $34,000 | $35,000 | $35,000 | $35,000 | $375,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$23,256 | $32,000 | $34,000 | -$57,634 | $21,000 | $24,000 | $26,000 | $29,000 | $32,000 | $35,000 | $152,000 |
| cumulative roi | $57 | $117 | $180 | $97 | $110 | $122 | $132 | $143 | $152 | $162 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $510,000 - $785,000
Avail. suites: 39
1—3 bd
513—975 SqFt