LISTED PRICE |
6,150,000$ |
6,150,000$ |
6,150,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 6,150,000$ | 100% | 6,150,000$ | 100% | 6,150,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
6,150,000$ |
100% |
6,150,000$ |
100% |
6,150,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC MLI Select (100 pts) | CMHC (regular) | |||
1st MORTGAGE AMOUNT |
4,450,000$ |
72.4% |
5,675,000$ |
92.3% |
3,750,000$ |
61% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC (regular) | |||
| Rate | 3.75% | 3.75% | 3.75% | |||
| Amortization | 40 | 50 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 17,834$ | 20,851$ | 15,028$ | |||
| Interest Cost | 164,752$ | 210,496$ | 138,836$ | |||
| Capital Payment | 49,253$ | 39,716$ | 41,505$ | |||
| Annual Mortgage Cost | 214,005$ | 250,212$ | 180,341$ | |||
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 |
1,700,000$ |
27.6% |
475,000$ |
7.7% |
2,400,000$ |
39% |
|---|---|---|---|---|---|---|
| Net Revenue | 267,921$ | 267,921$ | 267,921$ | |||
| Mortgage Annual Cost | 214,005$ | 250,212$ | 180,341$ | |||
| Cash Flow | 53,916$ | 17,709$ | 87,580$ | |||
| Capital Reimbursement | 49,253$ | 39,716$ | 41,505$ | |||
| Cash Flow + Capital | 103,169$ | 57,425$ | 129,085$ | |||
| Return on Cash Flow | 3.17% | 3.72% | 3.64% | |||
| Return on Investment | 6.06% | 12.08% | 5.37% | |||
| G.R.M. | 15.52 | 15.52 | 15.52 | |||
| N.R.M. | 22.95 | 22.95 | 22.95 | |||
| Cost per Unit | 198,387$ | 198,387$ | 198,387$ | |||
| Cap. Rate | 4.35% | 4.35% | 4.35% | |||
| Debt Coverage | 1.25 | 72.4% | 1.07 | 92.3% | 1.49 | 61% |
| - Option 1: New CMHC MLI Select financing with the energy efficiency or affordability criteria (50 pts). - Option 1: New CMHC MLI Select financing with the energy efficiency and affordability criteria (100 pts). - Option 3: New regular CMHC financing at the prevailing market conditions. |
Please register to access exclusive new content.