Suite number:
A1-01 - 3601
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
651 sqft
Occupancy Date:
Dec 2025
Price, CAD
$684,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.05%
Cumulative Return on Investment in Year 5
82.74%
Property Price at the End of Year 5
$882,000
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 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $56,000 | $452,000 |
rent income | $6,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $131,000 |
mortgage principal reduction | $4,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $99,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $52,000 | $58,000 | $61,000 | $64,000 | $67,000 | $70,000 | $74,000 | $77,000 | $81,000 | $85,000 | $689,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
remaining balance payment | $68,000 | - | - | - | - | - | - | - | - | - | $68,000 |
closing cost | $33,000 | - | - | - | - | - | - | - | - | - | $33,000 |
operating expense | $3,000 | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $8,000 | $72,000 |
mortgage payment | $17,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $34,000 | $326,000 |
total expense investment | $191,000 | $41,000 | $41,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $42,000 | $43,000 | $568,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$138,612 | $17,000 | $19,000 | $22,000 | $25,000 | $28,000 | $32,000 | $35,000 | $39,000 | $43,000 | $121,000 |
cumulative roi | $26 | $44 | $59 | $72 | $83 | $93 | $102 | $112 | $120 | $129 | $839 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $655,000 - $1,590,000
Avail. suites: 11
1—3.5 bd
635—1913 SqFt