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$552,900

Jericho Park - 19925 78B Avenue - b4_building_1 - Langley Township, BC, V2Y 1S3

MLS® # PB174-B4_BUILDING_1

2.0 Beds

1 Bath

621 sqft

B4_Building_1 - Jericho Park by Essence Properties

Property Features:

  • Bedrooms: 2.0
  • Bathrooms: 1.0
  • Floor Space (approx): 621

This listing content provided by Brokers PlaybookTM

Potential Investment Performance

Cumulative ROI

85.9%

Cumulative Market Appreciation

$152,756

Net Operating Income in Year 5

$12,322

Cash on Cash Return in Year 5

-11.3%

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
%
$110,580
Mortgage Amount $442,320
Mortgage Payment
%
$2,295

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $1,513
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $706
Net Operating Income $807
Debt Service
Mortgage Payment $2,295
Net Cash Flow -$1,487

Acquistion Costs

Deposit $55,290
Land Transfer Tax $9,058
Legal Fees $1,500
Adjustments $0
Development Charges $15,000
Down Payment Balance $55,290
Total Acquisition Costs $136,138

Deposit Schedule

With the Offer $0
Deposit @ 7 days $27,645
Deposit @ 0 days $27,645
Total Deposit $55,290
Closing Date Dec 1, 2027

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Deposits $55,290 - - - - - - - - -
Closing Costs - - $80,848 - - - - - - -
Mortgage Paydown - - $1,124$6,936$7,269$7,618$7,985$8,368$8,771$9,192
Total $55,290$0$81,972$6,936$7,269$7,618$7,985$8,368$8,771$9,192
Cash Invested $55,290$55,290$137,262$144,198$151,468$159,087$167,072$175,440$184,211$193,404
Rental Cash Flows
Rent and other income - - $3,027$18,294$19,081$19,901$20,757$21,649$22,580$23,551
Operating Expenses - - -$1,412-$8,509-$8,718-$8,933-$9,154-$9,381-$9,614-$9,855
Mortgage Payment - - -$4,590-$27,540-$27,540-$27,540-$27,540-$27,540-$27,540-$27,540
Net Cash Flow - - -$2,975-$17,754-$17,177-$16,571-$15,936-$15,271-$14,574-$13,843
Returns
Property Price Appreciation $27,645$29,027$30,478$32,002$33,602$35,282$37,046$38,899$40,844$42,886
Mortgage Paydown - - $1,124$6,936$7,269$7,618$7,985$8,368$8,771$9,192
Net Cash Flow - - -$2,975-$17,754-$17,177-$16,571-$15,936-$15,271-$14,574-$13,843
Total Return $27,645$29,027$28,628$21,183$23,694$26,329$29,095$31,996$35,041$38,235
Cumulative Return $27,645$56,672$85,300$106,484$130,178$156,508$185,604$217,600$252,641$290,877
Investment Metrics
Cumulative ROI 50.0% 102.5% 62.1% 73.8% 85.9% 98.4% 111.1% 124.0% 137.1% 150.4%
Cash On Cash - - -2.2% -12.3% -11.3% -10.4% -9.5% -8.7% -7.9% -7.2%

Location of b4_building_1-19925 78B Avenue, Langley Township, BC, V2Y 1S3

Demographic Information of b4_building_1-19925 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