Suite number:
B2
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
737 sqft
Occupancy Date:
Jan 2027
Price, CAD
$654,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.01%
Cumulative Return on Investment in Year 5
111.12%
Property Price at the End of Year 5
$844,000
Deposit Schedule
Total up to 5% in 7 days
$32,745
5% on Occupancy
$32,745
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 | $34,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $51,000 | $54,000 | $432,000 |
| rent income | - | - | $18,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $196,000 |
| mortgage principal reduction | - | - | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $78,000 |
| deposit interest | $3,000 | $3,000 | $508 | - | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $37,000 | $39,000 | $68,000 | $71,000 | $74,000 | $78,000 | $82,000 | $85,000 | $90,000 | $94,000 | $718,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $65,000 | - | - | - | - | - | - | - | - | - | $65,000 |
| remaining balance payment | - | - | $65,000 | - | - | - | - | - | - | - | $65,000 |
| closing cost | - | - | $31,000 | - | - | - | - | - | - | - | $31,000 |
| operating expense | - | - | $7,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $70,000 |
| mortgage payment | - | - | $27,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $250,000 |
| total expense investment | $65,000 | - | $130,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $482,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$28,200 | $39,000 | -$61,648 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $48,000 | $52,000 | $236,000 |
| cumulative roi | $57 | $117 | $75 | $94 | $111 | $127 | $143 | $158 | $173 | $188 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $505,000 - $680,000
Avail. suites: 20
1—2.5 bd
540—1142 SqFt