Suite number:
#2409, 4270 Norford Avenue NW - Verde A
Project:
Address:
Calgary, Alberta
Developer:
Rohit Homes (Calgary)
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
632 sqft
Occupancy Date:
Sep 2025
Price, CAD
$456,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
49.65%
Cumulative Return on Investment in Year 5
232.00%
Property Price at the End of Year 5
$589,000
Deposit Schedule
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 | $37,000 | $302,000 |
rent income | $15,000 | $16,000 | $17,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $21,000 | $22,000 | $186,000 |
mortgage principal reduction | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $70,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $50,000 | $47,000 | $49,000 | $52,000 | $54,000 | $57,000 | $59,000 | $62,000 | $65,000 | $68,000 | $563,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $90,000 |
mortgage payment | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $23,000 | $229,000 |
total expense investment | $31,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $319,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $19,000 | $16,000 | $18,000 | $20,000 | $22,000 | $25,000 | $27,000 | $30,000 | $33,000 | $36,000 | $244,000 |
cumulative roi | $238 | $220 | $220 | $225 | $232 | $241 | $250 | $261 | $273 | $287 | $2,000 |
Dean's Landing by Rohit Homes
Address: Calgary, Alberta
Price Range: $395,000 - $780,000
Avail. suites: 14
1—3 bd
632—1525 SqFt