Suite number:
B1
Project:
Address:
Kamloops, British Columbia
Developer:
Kelson Group Developments
Property type:
condo
Bathrooms:
1
Bedrooms:
1
Size:
599 sqft
Occupancy Date:
Jan 2025
$499,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
16.77%
Cumulative Return on Investment in Year 5
77.89%
Property Price at the End of Year 5
$644,000
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
rent income | $7,000 | $9,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $102,000 |
mortgage principal reduction | $5,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $78,000 |
deposit interest | $285 | - | - | - | - | - | - | - | - | - | $285 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $44,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $57,000 | $60,000 | $63,000 | $515,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
remaining balance payment | $50,000 | - | - | - | - | - | - | - | - | - | $50,000 |
closing cost | $28,000 | - | - | - | - | - | - | - | - | - | $28,000 |
operating expense | $6,000 | $7,000 | $8,000 | $8,000 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $9,000 | $82,000 |
mortgage payment | $20,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $239,000 |
total expense investment | $154,000 | $32,000 | $32,000 | $32,000 | $32,000 | $33,000 | $33,000 | $33,000 | $34,000 | $34,000 | $449,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$110,586 | $11,000 | $13,000 | $15,000 | $17,000 | $19,000 | $22,000 | $24,000 | $27,000 | $29,000 | $66,000 |
cumulative roi | $25 | $42 | $56 | $68 | $78 | $87 | $96 | $104 | $112 | $120 | $788 |
Trillium at City Gardens
Address: Kamloops, British Columbia
Price Range: $440,000 - $1,550,000
Avail. suites: 12
0—2 bd
503—1583 SqFt