Immeubles Gloria
4596-4598 Décarie, Côte-des-Neiges
24 residential units, 0 commercial units | 8,095,000$

Investment Analysis

LISTED PRICE
8,095,000$
  
8,095,000$
  
8,095,000$
  
Purchase Price (estimated) 8,095,000$ 100% 8,095,000$ 100% 8,095,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
8,095,000$
 100%
8,095,000$
 100%
8,095,000$
 100%
Financing Type CMHC MLI Select (50 pts) CMHC (regular)
1st MORTGAGE AMOUNT
6,800,000$
 84%
5,775,000$
 71.3%
0$
 0%
Lender CMHC MLI Select CMHC (regular)
Rate 3.75% 3.75% %
Amortization 40 40
Term 5 5
Maturity Date
Monthly Payment 27,252$ 23,144$ 0$
Interest Cost 251,755$ 213,807$ 0$
Capital Payment 75,263$ 63,918$ 0$
Annual Mortgage Cost 327,019$ 277,725$ 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
1,295,000$
 16%
2,320,000$
 28.7%
8,095,000$
 100%
Net Revenue 360,468$ 360,468$ 360,468$
Mortgage Annual Cost 327,019$ 277,725$ 0$
Cash Flow 33,450$ 82,743$ 360,468$
Capital Reimbursement 75,263$ 63,918$ 0$
Cash Flow + Capital 108,713$ 146,661$ 360,468$
Return on Cash Flow 2.58% 3.56% 4.45%
Return on Investment 8.39% 6.32% 4.45%
G.R.M. 17.27 17.27 17.27
N.R.M. 22.46 22.46 22.46
Cost per Unit 337,292$ 337,292$ 337,292$
Cap. Rate 4.45% 4.45% 4.45%
Debt Coverage 1.1 84% 1.3 71.3% 0 0%

Notes

- Option 1: New CMHC MLI Select financing with the energy efficiency criteria (50 points). - Option 2: New regular CMHC financing.
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