Suite number:
C
Project:
Address:
Abbotsford, British Columbia
Developer:
Heinrichs Developments
Property type:
condo
Floor plan:
Bathrooms:
3
Bedrooms:
2
Size:
1441 sqft
Occupancy Date:
Sep 2024
Price, CAD
$934,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
31.64%
Cumulative Return on Investment in Year 5
147.56%
Property Price at the End of Year 5
$1,205,000
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $73,000 | $77,000 | $617,000 |
| rent income | - | - | - | - | - | - | - | - | - | - | - |
| mortgage principal reduction | $22,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $18,000 | $160,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
| total income return | $70,000 | $64,000 | $67,000 | $70,000 | $74,000 | $78,000 | $82,000 | $86,000 | $90,000 | $95,000 | $777,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | - | - | - | - | - | - | - | - | - | - | - |
| mortgage payment | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $468,000 |
| total expense investment | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $468,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $23,000 | $17,000 | $20,000 | $24,000 | $27,000 | $31,000 | $35,000 | $39,000 | $44,000 | $48,000 | $309,000 |
| cumulative roi | $150 | $143 | $143 | $145 | $148 | $151 | $154 | $158 | $162 | $166 | $2,000 |
Laurel on Mill Lake
Address: Abbotsford, British Columbia
Price Range: $760,000 - $1,300,000
Avail. suites: 8
2—3 bd
1088—1776 SqFt