Immeubles Gloria
5730 De Salaberry, Cartierville
33 residential units, 0 commercial units | 8,500,000$

Investment Analysis

LISTED PRICE
8,500,000$
  
8,500,000$
  
8,500,000$
  
Purchase Price (estimated) 8,500,000$ 100% 8,500,000$ 100% 8,500,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
8,500,000$
 100%
8,500,000$
 100%
8,500,000$
 100%
Financing Type Assumption CMHC (regular) CMHC MLI Select (50 pts)
1st MORTGAGE AMOUNT
5,156,786$
 60.7%
6,450,000$
 75.9%
6,205,000$
 73%
Lender Peoples Trust CMHC CMHC (regular) CMHC MLI Select
Rate 4.2% 3.9% 3.9%
Amortization 47 40 40
Term 7 5 5
Maturity Date 2032-08-01
Monthly Payment 20,848$ 26,433$ 25,429$
Interest Cost 214,029$ 248,317$ 238,885$
Capital Payment 36,153$ 68,875$ 66,258$
Annual Mortgage Cost 250,182$ 317,192$ 305,144$
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
3,343,214$
 39.3%
2,050,000$
 24.1%
2,295,000$
 27%
Net Revenue 411,750$ 411,750$ 411,750$
Mortgage Annual Cost 250,182$ 317,192$ 305,144$
Cash Flow 161,568$ 94,558$ 106,606$
Capital Reimbursement 36,153$ 68,875$ 66,258$
Cash Flow + Capital 197,721$ 163,433$ 172,864$
Return on Cash Flow 4.83% 4.61% 4.64%
Return on Investment 5.91% 7.97% 7.53%
G.R.M. 15.75 15.75 15.75
N.R.M. 20.64 20.64 20.64
Cost per Unit 257,576$ 257,576$ 257,576$
Cap. Rate 4.84% 4.84% 4.84%
Debt Coverage 1.65 60.7% 1.3 75.9% 1.35 73%

Notes

- Option 1: Assumption of the existing CMHC MLI Select 100 points financing with Peoples Trust (affordability). - Option 2: New regular CMHC financing. - Option 3: New CMHC MLI Select 50 points financing (energy efficiency).
Top