Immeubles Gloria
11750-11760 Ranger, Cartierville
56 residential units, 0 commercial units | 11,650,000$

Investment Analysis

LISTED PRICE
11,650,000$
  
11,650,000$
  
11,650,000$
  
Purchase Price (estimated) 11,650,000$ 100% 11,650,000$ 100% 11,650,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
11,650,000$
 100%
11,650,000$
 100%
11,650,000$
 100%
Financing Type CMHC MLI Select (100 pts) CMHC MLI Select (50 pts) CMHC (regular)
1st MORTGAGE AMOUNT
10,675,000$
 91.6%
9,775,000$
 83.9%
8,050,000$
 69.1%
Lender CMHC MLI Select CMHC MLI Select CMHC (regular)
Rate 3.75% 3.75% 3.75%
Amortization 50 40 40
Term 5 5 5
Maturity Date
Monthly Payment 39,222$ 39,174$ 32,261$
Interest Cost 395,955$ 361,898$ 298,034$
Capital Payment 74,708$ 108,191$ 89,098$
Annual Mortgage Cost 470,663$ 470,089$ 387,132$
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
975,000$
 8.4%
1,875,000$
 16.1%
3,600,000$
 30.9%
Net Revenue 523,119$ 523,119$ 523,119$
Mortgage Annual Cost 470,663$ 470,089$ 387,132$
Cash Flow 52,456$ 53,030$ 135,987$
Capital Reimbursement 74,708$ 108,191$ 89,098$
Cash Flow + Capital 127,164$ 161,221$ 225,085$
Return on Cash Flow 5.38% 2.82% 3.77%
Return on Investment 13.04% 8.59% 6.25%
G.R.M. 14.89 14.89 14.89
N.R.M. 22.27 22.27 22.27
Cost per Unit 208,036$ 208,036$ 208,036$
Cap. Rate 4.49% 4.49% 4.49%
Debt Coverage 1.11 91.6% 1.11 83.9% 1.35 69.1%

Notes

- Option 1: New CMHC MLI Select financing with the energy efficiency and affordability criteria (100 points). - Option 2: New CMHC MLI Select financing with the energy efficiency or affordability criteria (50 points). - Option 3: New regular CMHC financing at the prevailing market conditions.
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