LISTED PRICE |
3,150,000$ |
3,150,000$ |
3,150,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 3,150,000$ | 100% | 3,150,000$ | 100% | 3,150,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
3,150,000$ |
100% |
3,150,000$ |
100% |
3,150,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | Mortgage Estimated | Mortgage Estimated | ||||
1st MORTGAGE AMOUNT |
1,675,000$ |
53.2% |
1,485,000$ |
47.1% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | Estimated Conventional | Estimated Conventional | ||||
| Rate | 5% | 5% | % | |||
| Amortization | 25 | 20 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 9,742$ | 9,758$ | 0$ | |||
| Interest Cost | 82,109$ | 72,485$ | 0$ | |||
| Capital Payment | 34,794$ | 44,614$ | 0$ | |||
| Annual Mortgage Cost | 116,903$ | 117,100$ | 0$ | |||
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 |
1,475,000$ |
46.8% |
1,665,000$ |
52.9% |
3,150,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 146,096$ | 146,096$ | 146,096$ | |||
| Mortgage Annual Cost | 116,903$ | 117,100$ | 0$ | |||
| Cash Flow | 29,194$ | 28,997$ | 146,096$ | |||
| Capital Reimbursement | 34,794$ | 44,614$ | 0$ | |||
| Cash Flow + Capital | 63,988$ | 73,611$ | 146,096$ | |||
| Return on Cash Flow | 1.97% | 1.74% | 4.63% | |||
| Return on Investment | 4.33% | 4.42% | 4.63% | |||
| G.R.M. | 14.78 | 14.78 | 14.78 | |||
| N.R.M. | 21.56 | 21.56 | 21.56 | |||
| Cap. Rate | 4.63% | 4.63% | 4.63% | |||
| Debt Coverage | 1.25 | 53.2% | 1.25 | 47.1% | 0 | 0% |
| - Option 1: New Conventional financing at the prevailing market conditions (25 years amortization). - Option 2: New Conventional financing at the prevailing market conditions (20 years amortization). |
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