Immeubles Gloria
2300 Madison, Notre-Dame-de-Grâce
20 residential units, 0 commercial units | 4,200,000$

Investment Analysis

LISTED PRICE
4,200,000$
  
4,200,000$
  
4,200,000$
  
Purchase Price (estimated) 4,200,000$ 100% 4,200,000$ 100% 4,200,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
4,200,000$
 100%
4,200,000$
 100%
4,200,000$
 100%
Financing Type Assumption CMHC MLI Select (50 pts) CMHC (regular)
1st MORTGAGE AMOUNT
2,835,933$
 67.5%
2,640,000$
 62.9%
2,225,000$
 53%
Lender Peoples Trust CMHC CMHC MLI Select CMHC (regular)
Rate 3.75% 4.5% 4.5%
Amortization 48 40 40
Term 3.3 5 5
Maturity Date 2030-05-01
Monthly Payment 10,570$ 11,798$ 9,943$
Interest Cost 105,159$ 117,207$ 98,783$
Capital Payment 21,687$ 24,368$ 20,537$
Annual Mortgage Cost 126,846$ 141,575$ 119,320$
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
1,364,067$
 32.5%
1,560,000$
 37.1%
1,975,000$
 47%
Net Revenue 155,593$ 155,594$ 155,593$
Mortgage Annual Cost 126,846$ 141,575$ 119,320$
Cash Flow 28,748$ 14,019$ 36,274$
Capital Reimbursement 21,687$ 24,368$ 20,537$
Cash Flow + Capital 50,435$ 38,387$ 56,811$
Return on Cash Flow 2.1% 0.89% 1.83%
Return on Investment 3.69% 2.46% 2.87%
G.R.M. 16.59 16.59 16.59
N.R.M. 26.99 26.99 26.99
Cost per Unit 210,000$ 210,000$ 210,000$
Cap. Rate 3.7% 3.7% 3.7%
Debt Coverage 1.23 67.5% 1.1 62.9% 1.3 53%

Notes

- Option 1: Assumption of the existing CMHC MLI Select 100 points with Peoples Trust (energy efficiency). - Option 2: New CMHC MLI Select 50 points financing (affordability). - Option 3: New regular CMHC financing.
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