Suite number:
C8
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1285 sqft
Occupancy Date:
Jul 2025
Price, CAD
$1,030,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.88%
Cumulative Return on Investment in Year 5
81.17%
Property Price at the End of Year 5
$1,327,000
Deposit Schedule
$10 at Signing
Total up to 5% in 180 days
$51,500
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 | $53,000 | $56,000 | $59,000 | $62,000 | $66,000 | $69,000 | $73,000 | $76,000 | $80,000 | $85,000 | $680,000 |
| rent income | $11,000 | $28,000 | $29,000 | $30,000 | $32,000 | $33,000 | $34,000 | $36,000 | $37,000 | $39,000 | $310,000 |
| mortgage principal reduction | $5,000 | $13,000 | $14,000 | $14,000 | $15,000 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $147,000 |
| deposit interest | $3,000 | - | - | - | - | - | - | - | - | - | $3,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $78,000 | $97,000 | $102,000 | $107,000 | $112,000 | $118,000 | $123,000 | $129,000 | $136,000 | $142,000 | $1,145,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $52,000 | - | - | - | - | - | - | - | - | - | $52,000 |
| remaining balance payment | $155,000 | - | - | - | - | - | - | - | - | - | $155,000 |
| closing cost | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| operating expense | $6,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $15,000 | $15,000 | $16,000 | $16,000 | $138,000 |
| mortgage payment | $21,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $52,000 | $486,000 |
| total expense investment | $273,000 | $65,000 | $65,000 | $66,000 | $66,000 | $66,000 | $67,000 | $67,000 | $67,000 | $68,000 | $870,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$195,380 | $32,000 | $37,000 | $41,000 | $46,000 | $51,000 | $57,000 | $62,000 | $68,000 | $75,000 | $275,000 |
| cumulative roi | $22 | $39 | $55 | $69 | $81 | $93 | $105 | $116 | $127 | $138 | $843 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt