Suite number:
B5
Project:
Address:
Mission, British Columbia
Developer:
Redekop Faye
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
2
Size:
652 sqft
Occupancy Date:
Sep 2026
Price, CAD
$479,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.52%
Cumulative Return on Investment in Year 5
101.78%
Property Price at the End of Year 5
$618,000
Deposit Schedule
$2,500 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 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $317,000 |
rent income | - | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $204,000 |
mortgage principal reduction | - | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $65,000 |
deposit interest | $126 | - | - | - | - | - | - | - | - | - | $126 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $25,000 | $56,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $591,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
remaining balance payment | $93,000 | - | - | - | - | - | - | - | - | - | $93,000 |
closing cost | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
operating expense | - | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $65,000 |
mortgage payment | - | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $216,000 |
total expense investment | $125,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $407,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$100,068 | $26,000 | $23,000 | $25,000 | $28,000 | $31,000 | $33,000 | $36,000 | $39,000 | $43,000 | $185,000 |
cumulative roi | $20 | $46 | $66 | $84 | $102 | $119 | $137 | $155 | $173 | $192 | $1,000 |
Montgomery
Address: Mission, British Columbia
Price Range: $480,000 - $665,000
Avail. suites: 7
1—3.5 bd
457—1074 SqFt