Suite number:
B1-02 - 2702
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1218 sqft
Occupancy Date:
Dec 2025
Price, CAD
$909,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
20.31%
Cumulative Return on Investment in Year 5
92.60%
Property Price at the End of Year 5
$1,172,000
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 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $64,000 | $67,000 | $71,000 | $75,000 | $601,000 |
rent income | $13,000 | $26,000 | $28,000 | $29,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $37,000 | $297,000 |
mortgage principal reduction | $6,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $17,000 | $132,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $73,000 | $88,000 | $92,000 | $97,000 | $101,000 | $106,000 | $111,000 | $117,000 | $123,000 | $129,000 | $1,036,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
remaining balance payment | $91,000 | - | - | - | - | - | - | - | - | - | $91,000 |
closing cost | $38,000 | - | - | - | - | - | - | - | - | - | $38,000 |
operating expense | $6,000 | $12,000 | $13,000 | $13,000 | $13,000 | $13,000 | $14,000 | $14,000 | $14,000 | $15,000 | $127,000 |
mortgage payment | $23,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $46,000 | $433,000 |
total expense investment | $249,000 | $58,000 | $58,000 | $58,000 | $59,000 | $59,000 | $59,000 | $60,000 | $60,000 | $60,000 | $780,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$175,514 | $30,000 | $34,000 | $38,000 | $43,000 | $47,000 | $52,000 | $57,000 | $63,000 | $68,000 | $256,000 |
cumulative roi | $26 | $46 | $64 | $79 | $93 | $106 | $118 | $130 | $142 | $155 | $958 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $655,000 - $1,590,000
Avail. suites: 11
1—3.5 bd
635—1913 SqFt