Suite number:
B3
Project:
Address:
Kamloops, British Columbia
Developer:
Kelson Group Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1.5
Size:
662 sqft
Occupancy Date:
Jan 2025
$549,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.04%
Cumulative Return on Investment in Year 5
88.20%
Property Price at the End of Year 5
$708,000
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 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $363,000 |
rent income | $13,000 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $186,000 |
mortgage principal reduction | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $86,000 |
deposit interest | $313 | - | - | - | - | - | - | - | - | - | $313 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $53,000 | $54,000 | $56,000 | $59,000 | $62,000 | $65,000 | $68,000 | $71,000 | $75,000 | $78,000 | $640,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
remaining balance payment | $55,000 | - | - | - | - | - | - | - | - | - | $55,000 |
closing cost | $29,000 | - | - | - | - | - | - | - | - | - | $29,000 |
operating expense | $7,000 | $9,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $97,000 |
mortgage payment | $22,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $263,000 |
total expense investment | $168,000 | $36,000 | $36,000 | $36,000 | $36,000 | $37,000 | $37,000 | $37,000 | $38,000 | $38,000 | $499,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$115,664 | $18,000 | $20,000 | $23,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $40,000 | $141,000 |
cumulative roi | $26 | $45 | $61 | $75 | $88 | $100 | $112 | $124 | $135 | $146 | $912 |
Trillium at City Gardens
Address: Kamloops, British Columbia
Price Range: $440,000 - $1,550,000
Avail. suites: 12
0—2 bd
503—1583 SqFt