LISTED PRICE |
11,250,000$ |
11,250,000$ |
11,250,000$ |
|||
---|---|---|---|---|---|---|
Purchase Price (estimated) | 11,250,000$ | 100% | 11,250,000$ | 100% | 11,250,000$ | 100% |
Estimate for CMHC financing | 0$ | 0% | 0$ | 0% | 0$ | 0% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
11,250,000$ |
100% |
11,250,000$ |
100% |
11,250,000$ |
100% |
---|---|---|---|---|---|---|
Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) |
1st MORTGAGE AMOUNT |
7,850,000$ |
69.8% |
6,650,000$ |
59.1% |
0$ |
0% |
---|---|---|---|---|---|---|
Lender | CMHC MLI Select | CMHC (regular) | ||||
Rate | 3.75% | 3.75% | % | |||
Amortization | 40 | 40 | ||||
Term | 5 | 5 | ||||
Maturity Date | ||||||
Monthly Payment | 31,460$ | 26,650$ | 0$ | |||
Interest Cost | 290,629$ | 246,202$ | 0$ | |||
Capital Payment | 86,885$ | 73,603$ | 0$ | |||
Annual Mortgage Cost | 377,514$ | 319,805$ | 0$ |
2nd MORTGAGE AMOUNT |
0$ |
0% |
0$ |
0% |
0$ |
0% |
---|---|---|---|---|---|---|
Lender | ||||||
Rate | ||||||
Amortization | ||||||
Term | ||||||
Expiry Date | ||||||
Monthly Payment | 0$ | 0$ | 0$ | |||
Interest Cost | 0$ | 0$ | 0$ | |||
Capital Payment | 0$ | 0$ | 0$ | |||
Annual Mortgage Cost | 0$ | 0$ | 0$ |
CASH TO PURCHASE |
3,400,000$ |
30.2% |
4,600,000$ |
40.9% |
11,250,000$ |
100% |
---|---|---|---|---|---|---|
Net Revenue | 422,834$ | 414,284$ | 422,834$ | |||
Mortgage Annual Cost | 377,514$ | 319,805$ | 0$ | |||
Cash Flow | 45,320$ | 94,479$ | 422,834$ | |||
Capital Reimbursement | 86,885$ | 73,603$ | 0$ | |||
Cash Flow + Capital | 132,205$ | 168,082$ | 422,834$ | |||
Return on Cash Flow | 1.33% | 2.05% | 3.75% | |||
Return on Investment | 3.88% | 3.65% | 3.75% | |||
G.R.M. | 19.91 | 19.91 | 19.91 | |||
N.R.M. | 26.61 | 27.16 | 26.61 | |||
Cost per Unit | 351,563$ | 351,563$ | 351,563$ | |||
Cap. Rate | 3.75% | 3.68% | 3.75% | |||
Debt Coverage | 1.12 | 69.8% | 1.3 | 59.1% | 0 | 0% |
- Option 1: New CMHC MLI Select 50 points financing with the energy efficiency criteria. - Option 2: New regular CMHC financing. |
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