Suite number:
C6
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1215 sqft
Occupancy Date:
Jul 2025
Price, CAD
$939,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
25.09%
Cumulative Return on Investment in Year 5
114.10%
Property Price at the End of Year 5
$1,211,000
Deposit Schedule
$10 at Signing
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 | $49,000 | $51,000 | $54,000 | $57,000 | $60,000 | $63,000 | $66,000 | $70,000 | $73,000 | $77,000 | $620,000 |
rent income | $18,000 | $43,000 | $45,000 | $47,000 | $49,000 | $51,000 | $53,000 | $56,000 | $58,000 | $60,000 | $480,000 |
mortgage principal reduction | $5,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $134,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $79,000 | $106,000 | $112,000 | $117,000 | $122,000 | $128,000 | $135,000 | $141,000 | $148,000 | $155,000 | $1,243,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $94,000 | - | - | - | - | - | - | - | - | - | $94,000 |
remaining balance payment | $94,000 | - | - | - | - | - | - | - | - | - | $94,000 |
closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
operating expense | $6,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $16,000 | $17,000 | $17,000 | $147,000 |
mortgage payment | $20,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $47,000 | $443,000 |
total expense investment | $252,000 | $61,000 | $62,000 | $62,000 | $62,000 | $63,000 | $63,000 | $63,000 | $64,000 | $64,000 | $816,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$173,016 | $45,000 | $50,000 | $55,000 | $60,000 | $66,000 | $71,000 | $78,000 | $84,000 | $91,000 | $426,000 |
cumulative roi | $27 | $50 | $72 | $93 | $114 | $135 | $157 | $179 | $204 | $230 | $1,000 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt