Suite number:
C2
Project:
Address:
Kelowna, British Columbia
Developer:
Mission Group
Property type:
condo
Bathrooms:
1
Bedrooms:
2
Size:
910 sqft
Occupancy Date:
Jul 2025
Price, CAD
$649,900
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
19.15%
Cumulative Return on Investment in Year 5
87.46%
Property Price at the End of Year 5
$837,000
Deposit Schedule
$10 at Signing
Total up to 5% in 180 days
$32,495
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 | $34,000 | $36,000 | $37,000 | $39,000 | $41,000 | $44,000 | $46,000 | $48,000 | $51,000 | $53,000 | $429,000 |
| rent income | $6,000 | $20,000 | $20,000 | $21,000 | $22,000 | $23,000 | $24,000 | $25,000 | $26,000 | $28,000 | $217,000 |
| mortgage principal reduction | $3,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $12,000 | $12,000 | $13,000 | $102,000 |
| deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
| gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
| total income return | $50,000 | $64,000 | $68,000 | $71,000 | $74,000 | $78,000 | $81,000 | $85,000 | $89,000 | $94,000 | $754,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $32,000 | - | - | - | - | - | - | - | - | - | $32,000 |
| remaining balance payment | $97,000 | - | - | - | - | - | - | - | - | - | $97,000 |
| closing cost | $31,000 | - | - | - | - | - | - | - | - | - | $31,000 |
| operating expense | $3,000 | $9,000 | $10,000 | $10,000 | $10,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $98,000 |
| mortgage payment | $10,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $30,000 | $278,000 |
| total expense investment | $174,000 | $39,000 | $39,000 | $40,000 | $40,000 | $40,000 | $41,000 | $41,000 | $41,000 | $42,000 | $537,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$123,876 | $25,000 | $28,000 | $31,000 | $34,000 | $37,000 | $41,000 | $44,000 | $48,000 | $52,000 | $217,000 |
| cumulative roi | $22 | $41 | $58 | $73 | $87 | $101 | $115 | $128 | $141 | $154 | $920 |
Alma on Abbott
Address: Kelowna, British Columbia
Price Range: $348,000 - $1,320,000
Avail. suites: 14
0—3.5 bd
367—1560 SqFt