LISTED PRICE |
3,995,000$ |
3,995,000$ |
3,995,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 3,995,000$ | 100% | 3,995,000$ | 100% | 3,995,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
3,995,000$ |
100% |
3,995,000$ |
100% |
3,995,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | CMHC MLI Select (100 pts) | |||
1st MORTGAGE AMOUNT |
2,750,000$ |
68.8% |
2,325,000$ |
58.2% |
2,975,000$ |
74.5% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | CMHC MLI Select | |||
| Rate | 4% | 4% | 4% | |||
| Amortization | 40 | 40 | 50 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 11,437$ | 9,670$ | 11,410$ | |||
| Interest Cost | 108,577$ | 91,797$ | 117,673$ | |||
| Capital Payment | 28,668$ | 24,237$ | 19,247$ | |||
| Annual Mortgage Cost | 137,245$ | 116,034$ | 136,920$ | |||
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 |
1,245,000$ |
31.2% |
1,670,000$ |
41.8% |
1,020,000$ |
25.5% |
|---|---|---|---|---|---|---|
| Net Revenue | 150,897$ | 150,897$ | 150,897$ | |||
| Mortgage Annual Cost | 137,245$ | 116,034$ | 136,920$ | |||
| Cash Flow | 13,653$ | 34,863$ | 13,977$ | |||
| Capital Reimbursement | 28,668$ | 24,237$ | 19,247$ | |||
| Cash Flow + Capital | 42,321$ | 59,100$ | 33,224$ | |||
| Return on Cash Flow | 1.09% | 2.08% | 1.37% | |||
| Return on Investment | 3.39% | 3.53% | 3.25% | |||
| G.R.M. | 17.77 | 17.77 | 17.77 | |||
| N.R.M. | 26.47 | 26.47 | 26.47 | |||
| Cost per Unit | 266,333$ | 266,333$ | 266,333$ | |||
| Cap. Rate | 3.77% | 3.77% | 3.77% | |||
| Debt Coverage | 1.1 | 68.8% | 1.3 | 58.2% | 1.1 | 74.5% |
| - Option 1: New CMHC MLI Select 50 points financing (energy efficiency). - Option 2: New regular CMHC financing. - Option 3: New CMHC MLI Select 100 points financing (energy efficiency AND affordability). |
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