Suite number:
A1
Project:
Address:
Penticton, British Columbia
Developer:
Tien Sher Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
0
Size:
390 sqft
Occupancy Date:
Dec 2027
Price, CAD
$279,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
20.53%
Cumulative Return on Investment in Year 5
92.23%
Property Price at the End of Year 5
$359,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$13,950
5% on Occupancy
$13,950
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 | $14,000 | $15,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $184,000 |
| rent income | - | - | - | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $29,000 |
| mortgage principal reduction | - | - | - | $3,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $28,000 |
| deposit interest | $732 | $1,000 | $1,000 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $15,000 | $17,000 | $17,000 | $29,000 | $25,000 | $26,000 | $28,000 | $29,000 | $31,000 | $32,000 | $249,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $28,000 | - | - | - | - | - | - | - | - | - | $28,000 |
| remaining balance payment | - | - | $28,000 | - | - | - | - | - | - | - | $28,000 |
| closing cost | - | - | $25,000 | - | - | - | - | - | - | - | $25,000 |
| operating expense | - | - | - | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $27,000 |
| mortgage payment | - | - | - | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $14,000 | $98,000 |
| total expense investment | $28,000 | - | $53,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $18,000 | $206,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$12,702 | $17,000 | -$35,565 | $11,000 | $7,000 | $9,000 | $10,000 | $11,000 | $13,000 | $14,000 | $43,000 |
| cumulative roi | $54 | $114 | $64 | $83 | $92 | $100 | $108 | $115 | $121 | $128 | $980 |
Nikola
Address: Penticton, British Columbia
Price Range: $279,000 - $600,000
Avail. suites: 16
0—3 bd
390—1055 SqFt