Suite number:
B4
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
2.5
Size:
674 sqft
Occupancy Date:
Jan 2027
$564,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.54%
Cumulative Return on Investment in Year 5
118.33%
Property Price at the End of Year 5
$728,000
Deposit Schedule
Total up to 5% in 7 days
$28,245
5% on Occupancy
$28,245
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 | $29,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $373,000 |
rent income | - | - | $20,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $30,000 | $32,000 | $215,000 |
mortgage principal reduction | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $67,000 |
deposit interest | $3,000 | $3,000 | $438 | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $32,000 | $34,000 | $64,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $666,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $56,000 | - | - | - | - | - | - | - | - | - | $56,000 |
remaining balance payment | - | - | $56,000 | - | - | - | - | - | - | - | $56,000 |
closing cost | - | - | $29,000 | - | - | - | - | - | - | - | $29,000 |
operating expense | - | - | $6,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $67,000 |
mortgage payment | - | - | $23,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $215,000 |
total expense investment | $56,000 | - | $115,000 | $35,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $424,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$24,324 | $34,000 | -$51,309 | $31,000 | $34,000 | $37,000 | $40,000 | $44,000 | $47,000 | $51,000 | $242,000 |
cumulative roi | $57 | $117 | $76 | $98 | $118 | $139 | $159 | $179 | $201 | $223 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $505,000 - $680,000
Avail. suites: 20
1—2.5 bd
540—1142 SqFt