Suite number:
D1
Project:
Address:
Penticton, British Columbia
Developer:
Tien Sher Group
Property type:
condo
Bathrooms:
1.5
Bedrooms:
1
Size:
598 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
23.32%
Cumulative Return on Investment in Year 5
102.95%
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 | $8,000 | $8,000 | $9,000 | $9,000 | $9,000 | $10,000 | $60,000 |
| mortgage principal reduction | - | - | - | $5,000 | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $41,000 |
| deposit interest | $1,000 | $2,000 | $2,000 | $131 | - | - | - | - | - | - | $6,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $22,000 | $24,000 | $25,000 | $41,000 | $39,000 | $41,000 | $43,000 | $45,000 | $47,000 | $49,000 | $375,000 |
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 | - | - | - | $26,000 | - | - | - | - | - | - | $26,000 |
| operating expense | - | - | - | $5,000 | $6,000 | $6,000 | $6,000 | $6,000 | $7,000 | $7,000 | $43,000 |
| mortgage payment | - | - | - | $18,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $19,000 | $135,000 |
| total expense investment | $40,000 | - | - | $89,000 | $25,000 | $25,000 | $26,000 | $26,000 | $26,000 | $26,000 | $284,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$17,766 | $24,000 | $25,000 | -$48,045 | $13,000 | $15,000 | $17,000 | $19,000 | $21,000 | $23,000 | $91,000 |
| cumulative roi | $56 | $115 | $178 | $92 | $103 | $113 | $122 | $130 | $138 | $146 | $1,000 |
Nikola
Address: Penticton, British Columbia
Price Range: $279,000 - $600,000
Avail. suites: 16
0—3 bd
390—1055 SqFt