Suite number:
E1
Project:
Address:
Abbotsford, British Columbia
Developer:
Diverse
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
983 sqft
Occupancy Date:
Mar 2027
$599,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
30.18%
Cumulative Return on Investment in Year 5
133.91%
Property Price at the End of Year 5
$773,000
Deposit Schedule
Total up to 5% in 7 days
$29,995
5% on Occupancy
$29,995
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | - | - | $23,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $306,000 |
mortgage principal reduction | - | - | $5,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $69,000 |
deposit interest | $3,000 | $3,000 | $959 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $34,000 | $36,000 | $69,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $105,000 | $783,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
remaining balance payment | - | - | $60,000 | - | - | - | - | - | - | - | $60,000 |
closing cost | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
operating expense | - | - | $7,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $92,000 |
mortgage payment | - | - | $19,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $224,000 |
total expense investment | $60,000 | - | $117,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $43,000 | $466,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,834 | $36,000 | -$48,015 | $40,000 | $43,000 | $47,000 | $50,000 | $54,000 | $58,000 | $63,000 | $317,000 |
cumulative roi | $57 | $117 | $79 | $106 | $134 | $163 | $195 | $229 | $265 | $303 | $2,000 |
Sage - Phase 2
Address: Abbotsford, British Columbia
Price Range: $525,000 - $630,000
Avail. suites: 5
1.5—3 bd
708—983 SqFt