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 |
6,400,000$ |
79.1% |
5,425,000$ |
67% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 3.9% | 3.9% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 26,228$ | 22,232$ | 0$ | |||
| Interest Cost | 246,393$ | 208,856$ | 0$ | |||
| Capital Payment | 68,341$ | 57,929$ | 0$ | |||
| Annual Mortgage Cost | 314,733$ | 266,786$ | 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 |
1,695,000$ |
20.9% |
2,670,000$ |
33% |
8,095,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 347,199$ | 347,199$ | 347,199$ | |||
| Mortgage Annual Cost | 314,733$ | 266,786$ | 0$ | |||
| Cash Flow | 32,466$ | 80,414$ | 347,199$ | |||
| Capital Reimbursement | 68,341$ | 57,929$ | 0$ | |||
| Cash Flow + Capital | 100,807$ | 138,343$ | 347,199$ | |||
| Return on Cash Flow | 1.91% | 3.01% | 4.28% | |||
| Return on Investment | 5.94% | 5.18% | 4.28% | |||
| G.R.M. | 17.64 | 17.64 | 17.64 | |||
| N.R.M. | 23.32 | 23.32 | 23.32 | |||
| Cost per Unit | 337,292$ | 337,292$ | 337,292$ | |||
| Cap. Rate | 4.28% | 4.28% | 4.28% | |||
| Debt Coverage | 1.1 | 79.1% | 1.3 | 67% | 0 | 0% |
| - Option 1: New CMHC MLI Select financing with the energy efficiency criteria (50 points). - Option 2: New regular CMHC financing. |
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