Suite number:
C1
Project:
Address:
Chilliwack, British Columbia
Developer:
Noort Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
915 sqft
Occupancy Date:
Jun 2024
Price, CAD
$484,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.12%
Cumulative Return on Investment in Year 5
162.25%
Property Price at the End of Year 5
$625,000
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 | $25,000 | $27,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $40,000 | $320,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $10,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $86,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $35,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $50,000 | $407,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $222,000 |
| total expense investment | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $22,000 | $222,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $13,000 | $12,000 | $13,000 | $15,000 | $17,000 | $19,000 | $21,000 | $23,000 | $25,000 | $28,000 | $184,000 |
| cumulative roi | $157 | $154 | $156 | $159 | $162 | $166 | $170 | $174 | $178 | $183 | $2,000 |
Mountainview Lane
Address: Chilliwack, British Columbia
Price Range: $430,000 - $670,000
Avail. suites: 19
1—2.5 bd
824—1208 SqFt