Suite number:
A8B.1 - Building 4
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
551 sqft
Occupancy Date:
Dec 2027
Price, CAD
$479,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
24.90%
Cumulative Return on Investment in Year 5
111.05%
Property Price at the End of Year 5
$618,000
Deposit Schedule
Total up to 5% in 7 days
$23,995
5% on Occupancy
$23,995
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 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $37,000 | $39,000 | $317,000 |
| rent income | - | - | $10,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $166,000 |
| mortgage principal reduction | - | - | $3,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $52,000 |
| deposit interest | $2,000 | $2,000 | $1,000 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $27,000 | $29,000 | $46,000 | $55,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $546,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $48,000 | - | - | - | - | - | - | - | - | - | $48,000 |
| remaining balance payment | - | - | $48,000 | - | - | - | - | - | - | - | $48,000 |
| closing cost | - | - | $29,000 | - | - | - | - | - | - | - | $29,000 |
| operating expense | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $63,000 |
| mortgage payment | - | - | $12,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $180,000 |
| total expense investment | $48,000 | - | $93,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $368,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$20,819 | $29,000 | -$46,694 | $23,000 | $25,000 | $28,000 | $31,000 | $33,000 | $36,000 | $40,000 | $178,000 |
| cumulative roi | $57 | $117 | $74 | $93 | $111 | $128 | $144 | $161 | $177 | $195 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $460,000 - $800,000
Avail. suites: 41
1—3 bd
513—1102 SqFt