Suite number:
A
Project:
Address:
Abbotsford, British Columbia
Developer:
Heinrichs Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
487 sqft
Occupancy Date:
Jan 2027
$384,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.29%
Cumulative Return on Investment in Year 5
93.15%
Property Price at the End of Year 5
$496,000
Deposit Schedule
$5,000 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 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $254,000 |
rent income | - | - | $6,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $77,000 |
mortgage principal reduction | - | - | $4,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $45,000 |
deposit interest | $260 | $260 | $61 | - | - | - | - | - | - | - | $581 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $20,000 | $21,000 | $37,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $381,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | - | - | $72,000 | - | - | - | - | - | - | - | $72,000 |
closing cost | - | - | $26,000 | - | - | - | - | - | - | - | $26,000 |
operating expense | - | - | $3,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $38,000 |
mortgage payment | - | - | $14,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $145,000 |
total expense investment | $5,000 | - | $115,000 | $23,000 | $23,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $286,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $15,000 | $21,000 | -$77,695 | $14,000 | $16,000 | $17,000 | $19,000 | $21,000 | $23,000 | $26,000 | $96,000 |
cumulative roi | $404 | $831 | $65 | $80 | $93 | $105 | $116 | $127 | $137 | $147 | $2,000 |
Scout
Address: Abbotsford, British Columbia
Price Range: $385,000 - $590,000
Avail. suites: 30
0—2 bd
487—1268 SqFt