Suite number:
C10
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1052 sqft
Occupancy Date:
Jan 2027
$679,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
29.83%
Cumulative Return on Investment in Year 5
132.38%
Property Price at the End of Year 5
$876,000
Deposit Schedule
Total up to 5% in 7 days
$33,995
5% on Occupancy
$33,995
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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $50,000 | $53,000 | $56,000 | $449,000 |
rent income | - | - | $31,000 | $38,000 | $40,000 | $42,000 | $43,000 | $45,000 | $47,000 | $49,000 | $336,000 |
mortgage principal reduction | - | - | $7,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $81,000 |
deposit interest | $3,000 | $4,000 | $527 | - | - | - | - | - | - | - | $8,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $39,000 | $41,000 | $83,000 | $89,000 | $93,000 | $97,000 | $102,000 | $107,000 | $112,000 | $117,000 | $877,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
remaining balance payment | - | - | $68,000 | - | - | - | - | - | - | - | $68,000 |
closing cost | - | - | $32,000 | - | - | - | - | - | - | - | $32,000 |
operating expense | - | - | $9,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $99,000 |
mortgage payment | - | - | $28,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $259,000 |
total expense investment | $68,000 | - | $137,000 | $45,000 | $45,000 | $45,000 | $46,000 | $46,000 | $47,000 | $47,000 | $525,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$29,276 | $41,000 | -$53,822 | $44,000 | $48,000 | $52,000 | $56,000 | $60,000 | $65,000 | $70,000 | $352,000 |
cumulative roi | $57 | $117 | $79 | $106 | $132 | $160 | $190 | $222 | $257 | $294 | $2,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $505,000 - $680,000
Avail. suites: 20
1—2.5 bd
540—1142 SqFt