LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$459,900

1 Beds

1 Bath

603 sqft

a2_building_3-19925 78B Avenue, Langley Township, BC, V2Y 1S3

Langley Township BC, V2Y 1S3

MLS® # PB876-A2_BUILDING_3
A2_Building_3 - Jericho Park by Essence Properties

Property Features:

  • Bedrooms: 1.0
  • Bathrooms: 1.0
  • Floor Space (approx): 603

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

78.8%

Cumulative Market Appreciation

$127,061

Net Operating Income in Year 5

$8,403

Cash on Cash Return in Year 5

-12.2%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$91,980
Mortgage Amount $367,920
Mortgage Payment
%
$1,908

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,175
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $638
Net Operating Income $537
Debt Service
Mortgage Payment $1,908
Net Cash Flow -$1,371

Acquistion Costs

Deposit $45,990
Land Transfer Tax $7,198
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $45,990
Total Acquisition Costs $115,678

Deposit Schedule

With the Offer $0
Deposit @ 7 days $22,995
Deposit @ 0 days $22,995
Total Deposit $45,990
Closing Date Dec 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $45,990 - - - - - - - - -
Closing Costs - - $69,688 - - - - - - -
Mortgage Paydown - - $2,352$5,837$6,118$6,412$6,720$7,043$7,381$7,736
Total $45,990$0$72,040$5,837$6,118$6,412$6,720$7,043$7,381$7,736
Cash Invested $45,990$45,990$118,030$123,868$129,986$136,398$143,118$150,161$157,543$165,280
Rental Cash Flows
Rent and other income - - $5,879$14,363$14,980$15,624$16,296$16,997$17,728$18,490
Operating Expenses - - -$3,193-$7,739-$7,924-$8,115-$8,310-$8,511-$8,717-$8,929
Mortgage Payment - - -$9,544-$22,907-$22,907-$22,907-$22,907-$22,907-$22,907-$22,907
Net Cash Flow - - -$6,858-$16,284-$15,852-$15,398-$14,921-$14,421-$13,897-$13,347
Returns
Property Price Appreciation $22,995$24,144$25,351$26,619$27,950$29,348$30,815$32,356$33,974$35,672
Mortgage Paydown - - $2,352$5,837$6,118$6,412$6,720$7,043$7,381$7,736
Net Cash Flow - - -$6,858-$16,284-$15,852-$15,398-$14,921-$14,421-$13,897-$13,347
Total Return $22,995$24,144$20,845$16,172$18,216$20,362$22,613$24,977$27,458$30,062
Cumulative Return $22,995$47,139$67,985$84,158$102,374$122,736$145,350$170,328$197,787$227,849
Investment Metrics
Cumulative ROI 50.0% 102.5% 57.6% 67.9% 78.8% 90.0% 101.6% 113.4% 125.5% 137.9%
Cash On Cash - - -5.8% -13.1% -12.2% -11.3% -10.4% -9.6% -8.8% -8.1%

Location of a2_building_3-19925 78B Avenue, Langley Township, BC, V2Y 1S3

Demographic Information of a2_building_3-19925 78B Avenue, Langley Township, BC, V2Y 1S3

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$139,213.19

Average Number of Children

1.96

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

12.85 %

High school certificate or equivalent

36.82 %

Apprenticeship trade certificate/diploma

6.95 %

College/non-university certificate

18.0 %

University certificate (below bachelor)

1.01 %

University Degree

24.38 %

Commuter

Travel To Work

By Car

91.29 %

By Public Transit

5.24 %

By Walking

1.22 %

By Bicycle

0.0 %

By Other Methods

2.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent