Suite number:
A3
Project:
Address:
Langley, British Columbia
Developer:
Whitetail Homes
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
576 sqft
Occupancy Date:
Jan 2027
$519,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
23.15%
Cumulative Return on Investment in Year 5
103.41%
Property Price at the End of Year 5
$670,000
Deposit Schedule
Total up to 5% in 7 days
$25,995
5% on Occupancy
$25,995
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 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $343,000 |
rent income | - | - | $11,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $123,000 |
mortgage principal reduction | - | - | $6,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $62,000 |
deposit interest | $3,000 | $3,000 | $403 | - | - | - | - | - | - | - | $6,000 |
gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
total income return | $30,000 | $31,000 | $52,000 | $52,000 | $55,000 | $58,000 | $60,000 | $63,000 | $67,000 | $70,000 | $538,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
remaining balance payment | - | - | $52,000 | - | - | - | - | - | - | - | $52,000 |
closing cost | - | - | $28,000 | - | - | - | - | - | - | - | $28,000 |
operating expense | - | - | $5,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $7,000 | $52,000 |
mortgage payment | - | - | $21,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $25,000 | $198,000 |
total expense investment | $52,000 | - | $106,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $383,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$22,387 | $31,000 | -$54,327 | $21,000 | $23,000 | $26,000 | $28,000 | $31,000 | $34,000 | $37,000 | $155,000 |
cumulative roi | $57 | $117 | $73 | $89 | $103 | $117 | $129 | $141 | $153 | $164 | $1,000 |
Elijah Condos
Address: Langley, British Columbia
Price Range: $505,000 - $680,000
Avail. suites: 20
1—2.5 bd
540—1142 SqFt