Suite number:
C2
Project:
Address:
Kamloops, British Columbia
Developer:
Kelson Group Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
2
Size:
886 sqft
Occupancy Date:
Jan 2025
$599,900
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
18.21%
Cumulative Return on Investment in Year 5
84.21%
Property Price at the End of Year 5
$773,000
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 | $31,000 | $33,000 | $35,000 | $36,000 | $38,000 | $40,000 | $42,000 | $44,000 | $47,000 | $49,000 | $396,000 |
rent income | $13,000 | $16,000 | $17,000 | $18,000 | $19,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $188,000 |
mortgage principal reduction | $6,000 | $8,000 | $8,000 | $9,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $94,000 |
deposit interest | $316 | - | - | - | - | - | - | - | - | - | $316 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $56,000 | $57,000 | $60,000 | $63,000 | $66,000 | $69,000 | $72,000 | $76,000 | $80,000 | $84,000 | $683,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
remaining balance payment | $60,000 | - | - | - | - | - | - | - | - | - | $60,000 |
closing cost | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
operating expense | $9,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $14,000 | $120,000 |
mortgage payment | $24,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $29,000 | $287,000 |
total expense investment | $183,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $42,000 | $43,000 | $43,000 | $556,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$127,126 | $17,000 | $20,000 | $22,000 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $126,000 |
cumulative roi | $26 | $44 | $59 | $72 | $84 | $95 | $106 | $116 | $125 | $135 | $862 |
Trillium at City Gardens
Address: Kamloops, British Columbia
Price Range: $440,000 - $1,550,000
Avail. suites: 12
0—2 bd
503—1583 SqFt