Suite number:

103 - C

Address:
Kelowna, British Columbia
Developer:
Vansoho Development
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
276 sqft
Occupancy Date:
Jan 2024
Price, CAD
$314,900
Available
ROI
16,75%
Monthly Expenses
  • condo fees— $190
  • property taxes— $79
  • property management— $19
  • repairs and maintenance— $9
Total: $297
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Investment Period: 5 years
Yearly Return on Investment in Year 5

31.66%

Cumulative Return on Investment in Year 5

148.02%

Property Price at the End of Year 5

$406,000

Deposit Schedule
$5 at Signing
Net Gain (Loss)
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10$0$5K$9K$14K$18K
  • Net Gain Loss
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Property Price Appreciation
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10$0$7K$13K$20K$26K
  • Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
property price appreciation$16,000$17,000$18,000$19,000$20,000$21,000$22,000$23,000$25,000$26,000$208,000
rent income-----------
mortgage principal reduction$8,000$4,000$4,000$5,000$5,000$5,000$5,000$6,000$6,000$6,000$54,000
deposit interest-----------
gst hst rebate-----------
total income return$24,000$21,000$23,000$24,000$25,000$26,000$28,000$29,000$30,000$32,000$262,000
Expense/ Investment
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
deposit-----------
remaining balance payment-----------
closing cost-----------
operating expense-----------
mortgage payment$16,000$16,000$16,000$16,000$16,000$16,000$16,000$16,000$16,000$16,000$158,000
total expense investment$16,000$16,000$16,000$16,000$16,000$16,000$16,000$16,000$16,000$16,000$158,000
Other
CategoryY1Y2Y3Y4Y5Y6Y7Y8Y9Y10Total
net gain loss$8,000$6,000$7,000$8,000$9,000$10,000$12,000$13,000$15,000$16,000$104,000
cumulative roi$152$144$144$145$148$151$154$158$162$166$2,000
Mara at Pandosy Village
Address: Kelowna, British Columbia
Price Range: $305,000 - $372,000
Avail. suites: 23
0 bd
276—3855 SqFt
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Annual Interest Rate (%)
4.75%
Vacancy Rate (%)
0.2%
Annual Growth Rate (%)
4.3%
Annual OPEX Inflation Rate (%)
2%