Suite number:
B1
Project:
Address:
Kelowna, British Columbia
Developer:
Vansoho Development
Property type:
condo
Bathrooms:
1
Bedrooms:
0
Size:
324 sqft
Occupancy Date:
Jan 2024
$304,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.20%
Cumulative Return on Investment in Year 5
164.13%
Property Price at the End of Year 5
$393,000
Deposit Schedule
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 | $16,000 | $17,000 | $18,000 | $18,000 | $19,000 | $20,000 | $21,000 | $23,000 | $24,000 | $25,000 | $201,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $7,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $56,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $23,000 | $21,000 | $22,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $257,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $140,000 |
total expense investment | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $140,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $9,000 | $7,000 | $8,000 | $9,000 | $11,000 | $12,000 | $13,000 | $14,000 | $16,000 | $17,000 | $117,000 |
cumulative roi | $165 | $159 | $159 | $161 | $164 | $168 | $171 | $175 | $180 | $184 | $2,000 |
Experience the vibrant charm of Pandosy Village in Kelowna South. Nestled in this thriving neighborhood, discover unique restaurants, boutiques, and cafés. Enjoy the convenience of salons, spas, and wellness centers right at your doorstep. With Okana...
Address: Kelowna, British Columbia
Price Range: $305,000 - $365,000
Avail. suites: 4
0 bd
324—3855 SqFt