Immeubles Gloria
4596-4598 Décarie, Côte-des-Neiges
24 residential units, 0 commercial units | 7,350,000$

Investment Analysis

LISTED PRICE
7,350,000$
  
7,350,000$
  
7,350,000$
  
Purchase Price (estimated) 7,350,000$ 100% 7,350,000$ 100% 7,350,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
7,350,000$
 100%
7,350,000$
 100%
7,350,000$
 100%
Financing Type CMHC MLI Select (50 pts) CMHC (regular)
1st MORTGAGE AMOUNT
5,700,000$
 77.6%
4,825,000$
 65.6%
0$
 0%
Lender CMHC MLI Select CMHC (regular)
Rate 4% 4% %
Amortization 40 40
Term 5 5
Maturity Date
Monthly Payment 23,706$ 20,067$ 0$
Interest Cost 225,050$ 190,503$ 0$
Capital Payment 59,420$ 50,299$ 0$
Annual Mortgage Cost 284,471$ 240,802$ 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
1,650,000$
 22.4%
2,525,000$
 34.4%
7,350,000$
 100%
Net Revenue 313,062$ 313,062$ 313,062$
Mortgage Annual Cost 284,471$ 240,802$ 0$
Cash Flow 28,591$ 72,260$ 313,062$
Capital Reimbursement 59,420$ 50,299$ 0$
Cash Flow + Capital 88,011$ 122,559$ 313,062$
Return on Cash Flow 1.73% 2.86% 4.25%
Return on Investment 5.33% 4.85% 4.25%
G.R.M. 17.44 17.44 17.44
N.R.M. 23.48 23.48 23.48
Cost per Unit 306,250$ 306,250$ 306,250$
Cap. Rate 4.25% 4.25% 4.25%
Debt Coverage 1.1 77.6% 1.3 65.6% 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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