Immeubles Gloria
4980-4990 Clanranald, Côte-des-Neiges
36 residential units, 0 commercial units | 12,995,000$

Investment Analysis

LISTED PRICE
12,995,000$
  
12,995,000$
  
12,995,000$
  
Purchase Price (estimated) 12,995,000$ 100% 12,995,000$ 100% 12,995,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
12,995,000$
 100%
12,995,000$
 100%
12,995,000$
 100%
Financing Type Assumption CMHC MLI Select (50 pts) CMHC (regular)
1st MORTGAGE AMOUNT
9,862,896$
 75.9%
9,950,000$
 76.6%
8,425,000$
 64.8%
Lender Desjardins CMHC CMHC MLI Select CMHC (regular)
Rate 4.02% 3.8% 3.8%
Amortization 47 40 40
Term 2 5 5
Maturity Date 2028-02-01
Monthly Payment 38,733$ 40,175$ 34,017$
Interest Cost 391,885$ 373,273$ 316,063$
Capital Payment 72,911$ 108,822$ 92,143$
Annual Mortgage Cost 464,797$ 482,095$ 408,206$
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
3,132,104$
 24.1%
3,045,000$
 23.4%
4,570,000$
 35.2%
Net Revenue 528,889$ 528,889$ 528,889$
Mortgage Annual Cost 464,797$ 482,095$ 408,206$
Cash Flow 64,092$ 46,794$ 120,683$
Capital Reimbursement 72,911$ 108,822$ 92,143$
Cash Flow + Capital 137,003$ 155,616$ 212,826$
Return on Cash Flow 2.04% 1.53% 2.64%
Return on Investment 4.37% 5.11% 4.65%
G.R.M. 17.88 17.88 17.88
N.R.M. 24.57 24.57 24.57
Cost per Unit 360,972$ 360,972$ 360,972$
Cap. Rate 4.06% 4.06% 4.06%
Debt Coverage 1.14 75.9% 1.1 76.6% 1.3 64.8%

Notes

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