Suite number:
B1 - BUILDING 1
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
629 sqft
Occupancy Date:
Dec 2027
Price, CAD
$598,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
26.31%
Cumulative Return on Investment in Year 5
115.12%
Property Price at the End of Year 5
$772,000
Deposit Schedule
Total up to 5% in 0 days
$29,945
5% on Occupancy
$29,945
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $395,000 |
| rent income | - | - | - | $17,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $145,000 |
| mortgage principal reduction | - | - | - | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $61,000 |
| deposit interest | $3,000 | $3,000 | $3,000 | $68 | - | - | - | - | - | - | $9,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $34,000 | $36,000 | $38,000 | $65,000 | $65,000 | $68,000 | $72,000 | $75,000 | $79,000 | $83,000 | $616,000 |
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 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $66,000 |
| mortgage payment | - | - | - | $27,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $201,000 |
| total expense investment | $60,000 | - | - | $125,000 | $38,000 | $38,000 | $39,000 | $39,000 | $39,000 | $40,000 | $417,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$25,797 | $36,000 | $38,000 | -$59,292 | $27,000 | $30,000 | $33,000 | $36,000 | $40,000 | $43,000 | $198,000 |
| cumulative roi | $57 | $117 | $180 | $100 | $115 | $129 | $142 | $155 | $167 | $180 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $510,000 - $785,000
Avail. suites: 39
1—3 bd
513—975 SqFt