Suite number:
B2
Project:
Address:
Langley Twp, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
716 sqft
Occupancy Date:
Jan 2027
$600,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.40%
Cumulative Return on Investment in Year 5
108.57%
Property Price at the End of Year 5
$773,000
Deposit Schedule
$10 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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | - | - | $17,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $190,000 |
mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $71,000 |
deposit interest | $3,000 | $3,000 | $345 | - | - | - | - | - | - | - | $7,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $34,000 | $36,000 | $64,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $669,000 |
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 | - | - | $8,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $84,000 |
mortgage payment | - | - | $24,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $229,000 |
total expense investment | $60,000 | - | $122,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $463,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$25,781 | $36,000 | -$58,621 | $27,000 | $30,000 | $33,000 | $36,000 | $39,000 | $43,000 | $47,000 | $206,000 |
cumulative roi | $57 | $117 | $74 | $92 | $109 | $124 | $138 | $152 | $167 | $181 | $1,000 |
Unison
Address: Langley Twp, British Columbia
Price Range: $400,000 - $700,000
Avail. suites: 14
0—3 bd
464—1043 SqFt