Suite number:
#2215, 4270 Norford Avenue NW - Nero(d)
Project:
Address:
Calgary, Alberta
Developer:
Rohit Homes (Calgary)
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1008 sqft
Occupancy Date:
Sep 2025
Price, CAD
$574,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
99.68%
Cumulative Return on Investment in Year 5
462.91%
Property Price at the End of Year 5
$741,000
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 | $30,000 | $31,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $379,000 |
| rent income | $30,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $39,000 | $41,000 | $43,000 | $45,000 | $371,000 |
| mortgage principal reduction | $7,000 | $7,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $89,000 |
| deposit interest | - | - | - | - | - | - | - | - | - | - | - |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $72,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $89,000 | $93,000 | $98,000 | $103,000 | $844,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | - | - | - | - | - | - | - | - | - | - | - |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | - | - | - | - | - | - | - | - | - | - | - |
| operating expense | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $145,000 |
| mortgage payment | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $288,000 |
| total expense investment | $42,000 | $42,000 | $42,000 | $43,000 | $43,000 | $43,000 | $44,000 | $44,000 | $45,000 | $45,000 | $433,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | $31,000 | $29,000 | $32,000 | $35,000 | $38,000 | $42,000 | $45,000 | $49,000 | $53,000 | $58,000 | $411,000 |
| cumulative roi | $402 | $389 | $404 | $430 | $463 | $503 | $552 | $610 | $683 | $774 | $5,000 |
Dean's Landing by Rohit Homes
Address: Calgary, Alberta
Price Range: $395,000 - $780,000
Avail. suites: 14
1—3 bd
632—1525 SqFt