Suite number:
A
Project:
Address:
Langley Twp, British Columbia
Developer:
Mortise Group of Companies
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
464 sqft
Occupancy Date:
Jan 2027
$400,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.97%
Cumulative Return on Investment in Year 5
94.43%
Property Price at the End of Year 5
$515,000
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 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $264,000 |
rent income | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $74,000 |
mortgage principal reduction | - | - | $4,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $47,000 |
deposit interest | $2,000 | $2,000 | $230 | - | - | - | - | - | - | - | $4,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $23,000 | $24,000 | $39,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $48,000 | $51,000 | $395,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
remaining balance payment | - | - | $40,000 | - | - | - | - | - | - | - | $40,000 |
closing cost | - | - | $26,000 | - | - | - | - | - | - | - | $26,000 |
operating expense | - | - | $5,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $51,000 |
mortgage payment | - | - | $16,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $152,000 |
total expense investment | $40,000 | - | $87,000 | $25,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $27,000 | $309,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$17,187 | $24,000 | -$47,724 | $13,000 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $24,000 | $86,000 |
cumulative roi | $57 | $117 | $69 | $83 | $94 | $105 | $114 | $123 | $132 | $140 | $1,000 |
Unison
Address: Langley Twp, British Columbia
Price Range: $400,000 - $700,000
Avail. suites: 14
0—3 bd
464—1043 SqFt