Suite number:
C1
Project:
Address:
Penticton, British Columbia
Developer:
Tien Sher Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
560 sqft
Occupancy Date:
Dec 2027
Price, CAD
$400,000
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.31%
Cumulative Return on Investment in Year 5
98.63%
Property Price at the End of Year 5
$515,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$20,000
5% on Occupancy
$20,000
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 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $264,000 |
| rent income | - | - | - | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $57,000 |
| mortgage principal reduction | - | - | - | $5,000 | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $7,000 | $40,000 |
| deposit interest | $1,000 | $2,000 | $2,000 | - | - | - | - | - | - | - | $5,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $22,000 | $24,000 | $25,000 | $41,000 | $38,000 | $40,000 | $42,000 | $44,000 | $46,000 | $49,000 | $371,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $40,000 | - | - | - | - | - | - | - | - | - | $40,000 |
| remaining balance payment | - | - | $40,000 | - | - | - | - | - | - | - | $40,000 |
| closing cost | - | - | $28,000 | - | - | - | - | - | - | - | $28,000 |
| operating expense | - | - | - | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $6,000 | $40,000 |
| mortgage payment | - | - | - | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $140,000 |
| total expense investment | $40,000 | - | $68,000 | $25,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $26,000 | $288,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$18,210 | $24,000 | -$42,532 | $16,000 | $12,000 | $14,000 | $16,000 | $18,000 | $20,000 | $22,000 | $82,000 |
| cumulative roi | $54 | $114 | $69 | $88 | $99 | $108 | $116 | $124 | $132 | $140 | $1,000 |
Nikola
Address: Penticton, British Columbia
Price Range: $279,000 - $600,000
Avail. suites: 16
0—3 bd
390—1055 SqFt