Suite number:
C2
Project:
Address:
Mission, British Columbia
Developer:
Redekop Faye
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
910 sqft
Occupancy Date:
Sep 2026
Price, CAD
$584,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
27.11%
Cumulative Return on Investment in Year 5
121.83%
Property Price at the End of Year 5
$754,000
Deposit Schedule
$2,500 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 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $48,000 | $386,000 |
rent income | - | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $340,000 |
mortgage principal reduction | - | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $79,000 |
deposit interest | $126 | - | - | - | - | - | - | - | - | - | $126 |
gst hst rebate | - | $5,000 | - | - | - | - | - | - | - | - | $5,000 |
total income return | $30,000 | $76,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $94,000 | $98,000 | $103,000 | $811,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
remaining balance payment | $114,000 | - | - | - | - | - | - | - | - | - | $114,000 |
closing cost | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
operating expense | - | $9,000 | $10,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $94,000 |
mortgage payment | - | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $264,000 |
total expense investment | $148,000 | $39,000 | $39,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $40,000 | $41,000 | $505,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$117,723 | $37,000 | $35,000 | $39,000 | $42,000 | $46,000 | $50,000 | $54,000 | $58,000 | $62,000 | $305,000 |
cumulative roi | $21 | $48 | $72 | $97 | $122 | $149 | $177 | $208 | $241 | $275 | $1,000 |
Montgomery
Address: Mission, British Columbia
Price Range: $480,000 - $665,000
Avail. suites: 7
1—3.5 bd
457—1074 SqFt