Suite number:
701B Ph2
Project:
Address:
Kelowna, British Columbia
Developer:
Troika Developments
Property type:
condo
Bathrooms:
2
Bedrooms:
3
Size:
2677 sqft
Occupancy Date:
Sep 2022
$1,399,000
Available
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Investment Period: 5 years
Yearly Return on Investment in Year 5
35.63%
Cumulative Return on Investment in Year 5
175.14%
Property Price at the End of Year 5
$1,802,000
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 | $73,000 | $77,000 | $80,000 | $85,000 | $89,000 | $94,000 | $99,000 | $104,000 | $109,000 | $115,000 | $923,000 |
rent income | - | - | - | - | - | - | - | - | - | - | - |
mortgage principal reduction | $63,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $27,000 | $28,000 | $29,000 | $31,000 | $300,000 |
deposit interest | - | - | - | - | - | - | - | - | - | - | - |
gst hst rebate | - | - | - | - | - | - | - | - | - | - | - |
total income return | $136,000 | $99,000 | $104,000 | $109,000 | $114,000 | $120,000 | $126,000 | $132,000 | $139,000 | $145,000 | $1,223,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | - | - | - | - | - | - | - | - | - | - | - |
remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
closing cost | - | - | - | - | - | - | - | - | - | - | - |
operating expense | - | - | - | - | - | - | - | - | - | - | - |
mortgage payment | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $641,000 |
total expense investment | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $64,000 | $641,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | $72,000 | $35,000 | $40,000 | $45,000 | $50,000 | $56,000 | $62,000 | $68,000 | $74,000 | $81,000 | $582,000 |
cumulative roi | $212 | $183 | $176 | $174 | $175 | $177 | $180 | $183 | $187 | $191 | $2,000 |
Green Square Vert
Address: Kelowna, British Columbia
Price Range: $599,000 - $1,399,000
Avail. suites: 6
2—3.5 bd
1016—2677 SqFt