Suite number:
C
Project:
Address:
Abbotsford, British Columbia
Developer:
Heinrichs Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
684 sqft
Occupancy Date:
Jan 2027
$499,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
26.71%
Cumulative Return on Investment in Year 5
115.74%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$5,000 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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
rent income | - | - | $18,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $216,000 |
mortgage principal reduction | - | - | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $58,000 |
deposit interest | $260 | $260 | $61 | - | - | - | - | - | - | - | $581 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $26,000 | $28,000 | $57,000 | $62,000 | $65,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $610,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | - | - | $95,000 | - | - | - | - | - | - | - | $95,000 |
closing cost | - | - | $28,000 | - | - | - | - | - | - | - | $28,000 |
operating expense | - | - | $5,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $62,000 |
mortgage payment | - | - | $18,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $188,000 |
total expense investment | $5,000 | - | $147,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $379,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $21,000 | $28,000 | -$89,944 | $30,000 | $33,000 | $36,000 | $39,000 | $42,000 | $45,000 | $48,000 | $231,000 |
cumulative roi | $524 | $1,000 | $70 | $93 | $116 | $139 | $163 | $188 | $215 | $244 | $3,000 |
Scout
Address: Abbotsford, British Columbia
Price Range: $385,000 - $590,000
Avail. suites: 30
0—2 bd
487—1268 SqFt