Immeubles Gloria
2750 Van Horne, Côte-des-Neiges
8 residential units, 0 commercial units | 3,200,000$

Investment Analysis

LISTED PRICE
3,200,000$
  
3,200,000$
  
3,200,000$
  
Purchase Price (estimated) 3,200,000$ 100% 3,200,000$ 100% 3,200,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
3,200,000$
 100%
3,200,000$
 100%
3,200,000$
 100%
Financing Type CMHC MLI Select (50 pts) CMHC (regular)
1st MORTGAGE AMOUNT
2,400,000$
 75%
2,040,000$
 63.8%
0$
 0%
Lender CMHC MLI Select CMHC (regular)
Rate 3.8% 3.8% %
Amortization 40 40
Term 5 5
Maturity Date
Monthly Payment 9,690$ 8,237$ 0$
Interest Cost 90,036$ 76,530$ 0$
Capital Payment 26,249$ 22,311$ 0$
Annual Mortgage Cost 116,284$ 98,842$ 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
800,000$
 25%
1,160,000$
 36.3%
3,200,000$
 100%
Net Revenue 128,162$ 128,162$ 128,162$
Mortgage Annual Cost 116,284$ 98,842$ 0$
Cash Flow 11,878$ 29,321$ 128,162$
Capital Reimbursement 26,249$ 22,311$ 0$
Cash Flow + Capital 38,127$ 51,632$ 128,162$
Return on Cash Flow 1.48% 2.52% 4%
Return on Investment 4.76% 4.45% 4%
G.R.M. 17.93 17.93 17.93
N.R.M. 24.97 24.97 24.97
Cost per Unit 400,000$ 400,000$ 400,000$
Cap. Rate 4% 4% 4%
Debt Coverage 1.1 75% 1.3 63.8% 0 0%

Notes

- Option 1: New CMHC MLI Select 50 points financing BEFORE any construction project. - Option 2: New regular CMHC financing BEFORE any construction project.
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