Suite number:
A2 - Building 4
Project:
Address:
Langley Twp, British Columbia
Developer:
Essence Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
604 sqft
Occupancy Date:
Dec 2027
Price, CAD
$459,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.95%
Cumulative Return on Investment in Year 5
102.46%
Property Price at the End of Year 5
$592,000
Deposit Schedule
Total up to 5% in 7 days
$22,995
5% on Occupancy
$22,995
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 | $24,000 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $34,000 | $36,000 | $38,000 | $304,000 |
| rent income | - | - | $7,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $122,000 |
| mortgage principal reduction | - | - | $3,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $50,000 |
| deposit interest | $2,000 | $2,000 | $1,000 | - | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | $5,000 | - | - | - | - | - | - | - | $5,000 |
| total income return | $26,000 | $28,000 | $42,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $64,000 | $486,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $46,000 | - | - | - | - | - | - | - | - | - | $46,000 |
| remaining balance payment | - | - | $46,000 | - | - | - | - | - | - | - | $46,000 |
| closing cost | - | - | $29,000 | - | - | - | - | - | - | - | $29,000 |
| operating expense | - | - | $4,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $62,000 |
| mortgage payment | - | - | $12,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $173,000 |
| total expense investment | $46,000 | - | $90,000 | $31,000 | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $356,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$19,951 | $28,000 | -$47,617 | $17,000 | $19,000 | $22,000 | $24,000 | $27,000 | $29,000 | $32,000 | $131,000 |
| cumulative roi | $57 | $117 | $73 | $89 | $102 | $115 | $127 | $138 | $150 | $161 | $1,000 |
Jericho Park
Address: Langley Twp, British Columbia
Price Range: $460,000 - $800,000
Avail. suites: 41
1—3 bd
513—1102 SqFt