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%
6,550,000$
 77.1%
7,225,000$
 85%
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$ 26,842$ 29,609$
Interest Cost 214,029$ 252,167$ 278,154$
Capital Payment 36,153$ 69,942$ 77,150$
Annual Mortgage Cost 250,182$ 322,110$ 355,304$
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%
1,950,000$
 22.9%
1,275,000$
 15%
Net Revenue 417,735$ 417,735$ 417,735$
Mortgage Annual Cost 250,182$ 322,110$ 355,304$
Cash Flow 167,554$ 95,626$ 62,431$
Capital Reimbursement 36,153$ 69,942$ 77,150$
Cash Flow + Capital 203,707$ 165,568$ 139,581$
Return on Cash Flow 5.01% 4.9% 4.89%
Return on Investment 6.09% 8.49% 10.94%
G.R.M. 15.72 15.72 15.72
N.R.M. 20.35 20.35 20.35
Cost per Unit 257,576$ 257,576$ 257,576$
Cap. Rate 4.91% 4.91% 4.91%
Debt Coverage 1.67 60.7% 1.3 77.1% 1.18 85%

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).
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