Suite number:
A1 main level
Project:
Address:
Langford, British Columbia
Developer:
Seacliff Properties
Property type:
condo
Bathrooms:
1
Bedrooms:
2.5
Size:
1295 sqft
Occupancy Date:
Jan 2024
$674,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
32.78%
Cumulative Return on Investment in Year 5
153.14%
Property Price at the End of Year 5
$869,000
Deposit Schedule
$5 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 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $445,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $16,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $119,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $51,000 | $46,000 | $49,000 | $51,000 | $54,000 | $57,000 | $59,000 | $62,000 | $66,000 | $69,000 | $564,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $328,000 |
total expense investment | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $33,000 | $328,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $18,000 | $14,000 | $16,000 | $18,000 | $21,000 | $24,000 | $27,000 | $30,000 | $33,000 | $36,000 | $236,000 |
cumulative roi | $156 | $149 | $149 | $150 | $153 | $156 | $160 | $164 | $168 | $172 | $2,000 |
Vista Point
Address: Langford, British Columbia
Price Range: $530,000 - $675,000
Avail. suites: 15
1.5—2.5 bd
840—1636 SqFt