Suite number:
E1
Project:
Address:
Penticton, British Columbia
Developer:
Tien Sher Group
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
653 sqft
Occupancy Date:
Dec 2027
Price, CAD
$500,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
24.54%
Cumulative Return on Investment in Year 5
107.56%
Property Price at the End of Year 5
$644,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$25,000
5% on Occupancy
$25,000
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 | $26,000 | $27,000 | $29,000 | $30,000 | $32,000 | $33,000 | $35,000 | $37,000 | $39,000 | $41,000 | $330,000 |
| rent income | - | - | - | $10,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $14,000 | $87,000 |
| mortgage principal reduction | - | - | - | $6,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $51,000 |
| deposit interest | $2,000 | $3,000 | $3,000 | $164 | - | - | - | - | - | - | $7,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $28,000 | $30,000 | $31,000 | $51,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $480,000 |
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 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $51,000 |
| mortgage payment | - | - | - | $22,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $24,000 | $168,000 |
| total expense investment | $50,000 | - | - | $106,000 | $31,000 | $31,000 | $32,000 | $32,000 | $32,000 | $32,000 | $347,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$22,213 | $30,000 | $31,000 | -$54,962 | $19,000 | $21,000 | $23,000 | $26,000 | $29,000 | $31,000 | $133,000 |
| cumulative roi | $56 | $115 | $178 | $95 | $108 | $119 | $129 | $138 | $148 | $157 | $1,000 |
Nikola
Address: Penticton, British Columbia
Price Range: $279,000 - $600,000
Avail. suites: 16
0—3 bd
390—1055 SqFt