Suite number:
A4-08 - 2808
Address:
Kelowna, British Columbia
Developer:
Orchard Park Properties
Property type:
condo
Floor plan:
Bathrooms:
1
Bedrooms:
1.5
Size:
913 sqft
Occupancy Date:
Dec 2025
Price, CAD
$869,999
Available
ROI
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Investment Period: 5 years
Yearly Return on Investment in Year 5
22.78%
Cumulative Return on Investment in Year 5
103.94%
Property Price at the End of Year 5
$1,121,000
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 | $45,000 | $48,000 | $50,000 | $53,000 | $55,000 | $58,000 | $61,000 | $65,000 | $68,000 | $71,000 | $574,000 |
rent income | $16,000 | $33,000 | $34,000 | $35,000 | $37,000 | $39,000 | $40,000 | $42,000 | $44,000 | $46,000 | $365,000 |
mortgage principal reduction | $5,000 | $11,000 | $12,000 | $12,000 | $13,000 | $13,000 | $14,000 | $15,000 | $15,000 | $16,000 | $126,000 |
deposit interest | $2,000 | - | - | - | - | - | - | - | - | - | $2,000 |
gst hst rebate | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
total income return | $74,000 | $91,000 | $96,000 | $100,000 | $105,000 | $110,000 | $115,000 | $121,000 | $127,000 | $133,000 | $1,072,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $87,000 | - | - | - | - | - | - | - | - | - | $87,000 |
remaining balance payment | $87,000 | - | - | - | - | - | - | - | - | - | $87,000 |
closing cost | $37,000 | - | - | - | - | - | - | - | - | - | $37,000 |
operating expense | $5,000 | $11,000 | $11,000 | $11,000 | $12,000 | $12,000 | $12,000 | $13,000 | $13,000 | $13,000 | $114,000 |
mortgage payment | $22,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $44,000 | $414,000 |
total expense investment | $238,000 | $55,000 | $55,000 | $55,000 | $55,000 | $56,000 | $56,000 | $56,000 | $57,000 | $57,000 | $739,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$164,512 | $37,000 | $41,000 | $45,000 | $50,000 | $54,000 | $60,000 | $65,000 | $70,000 | $76,000 | $333,000 |
cumulative roi | $26 | $48 | $68 | $86 | $104 | $121 | $138 | $155 | $173 | $191 | $1,000 |
The Eli at Water Street by the Park
Address: Kelowna, British Columbia
Price Range: $655,000 - $1,590,000
Avail. suites: 11
1—3.5 bd
635—1913 SqFt