Suite number:
B1
Project:
Address:
Penticton, British Columbia
Developer:
Tien Sher Group
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1
Size:
514 sqft
Occupancy Date:
Dec 2027
Price, CAD
$300,000
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.49%
Cumulative Return on Investment in Year 5
96.19%
Property Price at the End of Year 5
$386,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$15,000
5% on Occupancy
$15,000
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 | $16,000 | $16,000 | $17,000 | $18,000 | $19,000 | $20,000 | $21,000 | $22,000 | $23,000 | $25,000 | $198,000 |
| rent income | - | - | - | $7,000 | $7,000 | $7,000 | $7,000 | $8,000 | $8,000 | $8,000 | $52,000 |
| mortgage principal reduction | - | - | - | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $5,000 | $5,000 | $30,000 |
| deposit interest | $787 | $2,000 | $1,000 | - | - | - | - | - | - | - | $4,000 |
| gst hst rebate | - | - | - | $5,000 | - | - | - | - | - | - | $5,000 |
| total income return | $16,000 | $18,000 | $19,000 | $33,000 | $30,000 | $31,000 | $33,000 | $34,000 | $36,000 | $38,000 | $289,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $30,000 | - | - | - | - | - | - | - | - | - | $30,000 |
| remaining balance payment | - | - | $30,000 | - | - | - | - | - | - | - | $30,000 |
| closing cost | - | - | $26,000 | - | - | - | - | - | - | - | $26,000 |
| operating expense | - | - | - | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $5,000 | $36,000 |
| mortgage payment | - | - | - | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $15,000 | $105,000 |
| total expense investment | $30,000 | - | $56,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $20,000 | $226,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$13,658 | $18,000 | -$36,774 | $14,000 | $10,000 | $11,000 | $13,000 | $14,000 | $16,000 | $17,000 | $62,000 |
| cumulative roi | $54 | $114 | $65 | $85 | $96 | $106 | $115 | $123 | $132 | $140 | $1,000 |
Nikola
Address: Penticton, British Columbia
Price Range: $279,000 - $600,000
Avail. suites: 16
0—3 bd
390—1055 SqFt