Immeubles Gloria
2370 Gold, Saint-Laurent
40 residential units, 0 commercial units | 9,000,000$

Investment Analysis

LISTED PRICE
9,000,000$
 
9,000,000$
 
9,000,000$
 
Purchase Price (estimated) 9,000,000$ 100% 9,000,000$ 100% 9,000,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
9,000,000$
100%
9,000,000$
100%
9,000,000$
100%
Financing Type Mortgage Current Bal. Mortgage Estimated Mortgage Estimated
1st MORTGAGE AMOUNT
3,252,275$
36.1%
4,150,000$
46.1%
4,350,000$
48.3%
Lender First National CMHC CMHC estimated CMHC estimated
Rate 2.97% 4.5% 4.5%
Amortization 30 35 40
Term 4.8 5 5
Maturity Date 2027-04-01
Monthly Payment 13,730$ 19,533$ 19,440$
Interest Cost 95,062$ 184,001$ 193,126$
Capital Payment 69,702$ 50,399$ 40,151$
Annual Mortgage Cost 164,764$ 234,400$ 233,277$
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
5,747,725$
63.9%
4,850,000$
53.9%
4,650,000$
51.7%
Net Revenue 304,317$ 304,317$ 304,317$
Mortgage Annual Cost 164,764$ 234,400$ 233,277$
Cash Flow 139,553$ 69,917$ 71,040$
Capital Reimbursement 69,702$ 50,399$ 40,151$
Cash Flow + Capital 209,255$ 120,316$ 111,191$
Return on Cash Flow 2.42% 1.44% 1.52%
Return on Investment 3.64% 2.48% 2.39%
G.R.M. 17.7 17.7 17.7
N.R.M. 29.57 29.57 29.57
Cost per Unit 225,000$ 225,000$ 225,000$
Cap. Rate 3.38% 3.38% 3.38%
Debt Coverage 1.85 36.1% 1.3 46.1% 1.3 48.3%

Notes

- Option 1: Analysis based on an assumption of the existing CMHC mortgage with First National. - Option 2 & 3: Analysis based on a new CMHC financing at the prevailing market conditions.
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