Suite number:
C10 - BUILDING 2
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
762 sqft
Occupancy Date:
Dec 2027
Price, CAD
$713,400
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.70%
Cumulative Return on Investment in Year 5
112.82%
Property Price at the End of Year 5
$919,000
Deposit Schedule
Total up to 5% in 7 days
$35,670
5% on Occupancy
$35,670
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 | $48,000 | $50,000 | $53,000 | $56,000 | $59,000 | $471,000 |
| rent income | - | - | $2,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $180,000 |
| mortgage principal reduction | - | - | $718 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $72,000 |
| deposit interest | $4,000 | $4,000 | $3,000 | - | - | - | - | - | - | - | $11,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $41,000 | $43,000 | $47,000 | $79,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $99,000 | $739,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $71,000 | - | - | - | - | - | - | - | - | - | $71,000 |
| remaining balance payment | - | - | $71,000 | - | - | - | - | - | - | - | $71,000 |
| closing cost | - | - | $34,000 | - | - | - | - | - | - | - | $34,000 |
| operating expense | - | - | $876 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $80,000 |
| mortgage payment | - | - | $3,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $36,000 | $253,000 |
| total expense investment | $71,000 | - | $109,000 | $46,000 | $46,000 | $47,000 | $47,000 | $47,000 | $48,000 | $48,000 | $509,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$30,725 | $43,000 | -$62,031 | $33,000 | $32,000 | $35,000 | $39,000 | $43,000 | $47,000 | $51,000 | $230,000 |
| cumulative roi | $57 | $117 | $77 | $98 | $113 | $127 | $139 | $152 | $164 | $177 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $490,000 - $823,000
Avail. suites: 26
1—3 bd
513—975 SqFt