Suite number:
#2204, 4270 Norford Avenue NW - Oro A
Project:
Address:
Calgary, Alberta
Developer:
Rohit Homes (Calgary)
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
907 sqft
Occupancy Date:
Sep 2025
Price, CAD
$554,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
86.14%
Cumulative Return on Investment in Year 5
400.34%
Property Price at the End of Year 5
$715,000
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 | $29,000 | $30,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $46,000 | $366,000 |
rent income | $27,000 | $29,000 | $30,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $38,000 | $40,000 | $334,000 |
mortgage principal reduction | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $86,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $68,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $84,000 | $88,000 | $92,000 | $96,000 | $791,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $132,000 |
mortgage payment | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $28,000 | $278,000 |
total expense investment | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $410,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $28,000 | $26,000 | $29,000 | $32,000 | $35,000 | $39,000 | $42,000 | $46,000 | $50,000 | $54,000 | $381,000 |
cumulative roi | $362 | $347 | $357 | $376 | $400 | $429 | $464 | $504 | $552 | $610 | $4,000 |
Dean's Landing by Rohit Homes
Address: Calgary, Alberta
Price Range: $395,000 - $780,000
Avail. suites: 14
1—3 bd
632—1525 SqFt