Suite number:
C4
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2
Size:
1015 sqft
Occupancy Date:
Jul 2025
Price, CAD
$739,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
17.90%
Cumulative Return on Investment in Year 5
81.69%
Property Price at the End of Year 5
$953,000
Deposit Schedule
$10 at Signing
Total up to 5% in 180 days
$36,995
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 | $38,000 | $40,000 | $43,000 | $45,000 | $47,000 | $50,000 | $52,000 | $55,000 | $58,000 | $61,000 | $488,000 |
| rent income | $9,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $245,000 |
| mortgage principal reduction | $4,000 | $9,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $14,000 | $106,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $58,000 | $72,000 | $75,000 | $79,000 | $83,000 | $87,000 | $91,000 | $96,000 | $100,000 | $105,000 | $846,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
| remaining balance payment | $111,000 | - | - | - | - | - | - | - | - | - | $111,000 |
| closing cost | $34,000 | - | - | - | - | - | - | - | - | - | $34,000 |
| operating expense | $4,000 | $10,000 | $11,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $12,000 | $107,000 |
| mortgage payment | $15,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $37,000 | $349,000 |
| total expense investment | $202,000 | $47,000 | $48,000 | $48,000 | $48,000 | $48,000 | $49,000 | $49,000 | $49,000 | $50,000 | $638,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$143,924 | $24,000 | $28,000 | $31,000 | $35,000 | $38,000 | $42,000 | $47,000 | $51,000 | $56,000 | $208,000 |
| cumulative roi | $22 | $39 | $55 | $69 | $82 | $94 | $106 | $118 | $129 | $141 | $854 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt