Have you been dreaming about an Investment Property? Perhaps a Vacation Home?
Turn-Key Investment Property Solutions
Our full service model provides a variety of vacation and investment property solutions, tailored to YOUR VISION & INVESTMENT GOALS.
From vision to rent collection, we create a program designed specifically for YOUR budget & goals.
NapaNorth is the trusted full service Real Estate Investment firm.
[ + Credentials ]
Strong rental demand in Kelowna and the surrounding Okanagan area is driving the property owner / landlord’s market.VIEW ECONOMIC OUTLOOK
You have worked hard to build your equity over the years.
NapaNorth is dedicated to creating solutions to capitalize on your equity.
The NapaNorth owners have many years of experience in Finance, Real Estate, Investment Property, Vacation Property, Development and Property Management.
This experience provides the foundation of our Investment Property expertise. We identify, analyze, purchase and generate rental income through a variety of property solutions.
… and our professional Development Team is at your disposal to design & build a custom solution if that is your Vision.
CARRIAGE HOUSE PROPERTYR.O.I. SUMMARY - 5 Year FCST
|PURCHASE & DEVELOPMENT COSTS|
|Acquisition + Development + Construction Costs||$267,720|
|Total Purchase & Development Costs||$862,720|
|Mortgage Amount||3% (25 yrs)||$647,040|
|PROPERTY VALUE APPRECIATION|
|At 3% per Annum||$174,830|
|MORTGAGE PRICIPLE PAYDOWN|
|Mortgage Paydown during Term||$104,997|
|NET OPERATING REVENUE|
|Rental Revenue less Operating Costs||$1,841|
|R.O.I. - TOTAL EQUITY GAIN||$281,668|
|R.O.I. % (R.O.I. divided by Down Payment)||130.6%|
|Appreciation + Mortgage Paydown + Net Revenue|
|Term = 5 yrs|
|See R.O.I. Statement & Development Summary for Details|
Our rental team has executed and managed more than 1,000 rental contracts over the past 15 years.
With over 9,000 potential clients in our vetted database, NapaNorth is the firm of choice for clients with a desire for rental income. Ask us about our direct marketing program
Our Property Management team provides peace of mind to our clients by managing everything from home furnishing to rent collection.
With vacancy rates hovering in the 0.6 – 0.7 range throughout 2017, Kelowna’s rates are even lower than Vancouver’s. As a result, according to CMHC, rental property is commanding rates that rank in the top 10 among Canadian cities. The extremely strong rental demand is driving the property owner / landlord’s market.
The R.O.I. Summaries found on this page are real life samples of some recent client engagements. When clients engage NapaNorth Properties to assist with their property search they receive our comprehensive and detailed R.O.I. Pro-forma package.
|For Investment Property, Development &
Design inquiries please contact Shaun Tourigny.
|For Real Estate services contact Mark Walker.
Mark is a Licensed REALTOR® with Royal Lepage, Kelowna.