Immeubles Gloria
5451-5457 Sherbrooke W., Notre-Dame-de-Grâce
16 residential units, 3 commercial units | 5,400,000$

Investment Analysis

LISTED PRICE
5,400,000$
  
5,400,000$
  
5,400,000$
  
Purchase Price (estimated) 5,400,000$ 100% 5,400,000$ 100% 5,400,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
5,400,000$
 100%
5,400,000$
 100%
5,400,000$
 100%
Financing Type Balance of Sale Assumption CMHC MLI Select (50 pts)
1st MORTGAGE AMOUNT
2,772,138$
 51.3%
2,772,138$
 51.3%
4,305,000$
 79.7%
Lender Peoples Trust CMHC Peoples Trust CMHC CMHC MLI Select
Rate 4.84% 4.84% 4%
Amortization 37 37 40
Term 2 2 5
Maturity Date 2028-12-01 2028-12-01
Monthly Payment 13,344$ 13,344$ 17,904$
Interest Cost 132,231$ 132,231$ 169,972$
Capital Payment 27,897$ 27,897$ 44,878$
Annual Mortgage Cost 160,128$ 160,128$ 214,850$
2nd MORTGAGE AMOUNT
500,000$
 9.3%
0$
 0%
0$
 0%
Lender Balance of Sale
Rate 5%
Amortization 1000
Term 2
Expiry Date
Monthly Payment 2,062$ 0$ 0$
Interest Cost 24,743$ 0$ 0$
Capital Payment 0$ 0$ 0$
Annual Mortgage Cost 24,743$ 0$ 0$
CASH TO PURCHASE
2,127,862$
 39.4%
2,627,862$
 48.7%
1,095,000$
 20.3%
Net Revenue 249,516$ 249,516$ 249,516$
Mortgage Annual Cost 184,871$ 160,128$ 214,850$
Cash Flow 64,645$ 89,388$ 34,666$
Capital Reimbursement 27,897$ 27,897$ 44,878$
Cash Flow + Capital 92,542$ 117,285$ 79,544$
Return on Cash Flow 3.03% 3.4% 3.16%
Return on Investment 4.34% 4.46% 7.26%
G.R.M. 13.57 13.57 13.57
N.R.M. 21.64 21.64 21.64
Cap. Rate 4.62% 4.62% 4.62%
Debt Coverage 1.35 60.6% 1.56 51.3% 1.16 79.7%

Notes

- Option 1: Assumption of the existing mortgage with Peoples Trust CMHC + Balance of Sale. - Option 2: Assumption of the existing mortgage with Peoples Trust CMHC. - Option 3: New CMHC MLI Select 50 points financing with the energy efficiency criteria.
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