Suite number:
C6
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Bathrooms:
2
Bedrooms:
2.5
Size:
1215 sqft
Occupancy Date:
Jul 2025
$939,900
Available
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
19.32%
Cumulative Return on Investment in Year 5
87.62%
Property Price at the End of Year 5
$1,211,000
Deposit Schedule
$10 at Signing
Total up to 5% in 180 days
$46,995
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 | $10,000 | $31,000 | $32,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $41,000 | $43,000 | $339,000 |
mortgage principal reduction | $4,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $18,000 | $138,000 |
deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $70,000 | $94,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $125,000 | $131,000 | $138,000 | $1,104,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $47,000 | - | - | - | - | - | - | - | - | - | $47,000 |
remaining balance payment | $141,000 | - | - | - | - | - | - | - | - | - | $141,000 |
closing cost | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
operating expense | $4,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $15,000 | $16,000 | $16,000 | $17,000 | $138,000 |
mortgage payment | $15,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $427,000 |
total expense investment | $244,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $61,000 | $61,000 | $62,000 | $62,000 | $789,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$173,820 | $36,000 | $40,000 | $44,000 | $49,000 | $54,000 | $59,000 | $64,000 | $69,000 | $75,000 | $315,000 |
cumulative roi | $22 | $41 | $58 | $73 | $88 | $102 | $115 | $128 | $142 | $156 | $924 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt