Suite number:
C1
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
919 sqft
Occupancy Date:
Jan 2027
Price, CAD
$679,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
28.22%
Cumulative Return on Investment in Year 5
125.26%
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 | - | - | $27,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $293,000 |
| 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 | $79,000 | $84,000 | $88,000 | $92,000 | $96,000 | $101,000 | $106,000 | $111,000 | $835,000 |
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 | - | - | $8,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $88,000 |
| 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 | - | $136,000 | $43,000 | $44,000 | $44,000 | $44,000 | $45,000 | $45,000 | $46,000 | $515,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$29,276 | $41,000 | -$56,742 | $40,000 | $44,000 | $48,000 | $52,000 | $56,000 | $60,000 | $65,000 | $320,000 |
| cumulative roi | $57 | $117 | $78 | $102 | $125 | $149 | $173 | $198 | $225 | $254 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $505,000 - $680,000
Avail. suites: 20
1—2.5 bd
540—1142 SqFt