Suite number:
A1
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
367 sqft
Occupancy Date:
Jul 2025
Price, CAD
$347,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.61%
Cumulative Return on Investment in Year 5
77.43%
Property Price at the End of Year 5
$448,000
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 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $29,000 | $230,000 |
| rent income | $2,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $7,000 | $57,000 |
| mortgage principal reduction | $2,000 | $4,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $50,000 |
| deposit interest | $942 | - | - | - | - | - | - | - | - | - | $942 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $342,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
| remaining balance payment | $35,000 | - | - | - | - | - | - | - | - | - | $35,000 |
| closing cost | $26,000 | - | - | - | - | - | - | - | - | - | $26,000 |
| operating expense | $2,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $38,000 |
| mortgage payment | $7,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $17,000 | $164,000 |
| total expense investment | $105,000 | $21,000 | $21,000 | $21,000 | $21,000 | $21,000 | $22,000 | $22,000 | $22,000 | $22,000 | $298,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$77,004 | $7,000 | $9,000 | $10,000 | $12,000 | $13,000 | $15,000 | $17,000 | $18,000 | $20,000 | $44,000 |
| cumulative roi | $26 | $42 | $56 | $67 | $77 | $87 | $95 | $104 | $111 | $119 | $784 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt