LISTED PRICE |
2,995,000$ |
2,995,000$ |
2,995,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 2,995,000$ | 100% | 2,995,000$ | 100% | 2,995,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
2,995,000$ |
100% |
2,995,000$ |
100% |
2,995,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
2,425,000$ |
81% |
2,050,000$ |
68.4% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 4% | 4% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 10,085$ | 8,526$ | 0$ | |||
| Interest Cost | 95,745$ | 80,939$ | 0$ | |||
| Capital Payment | 25,280$ | 21,370$ | 0$ | |||
| Annual Mortgage Cost | 121,025$ | 102,310$ | 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 |
570,000$ |
19% |
945,000$ |
31.6% |
2,995,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 132,889$ | 132,889$ | 132,889$ | |||
| Mortgage Annual Cost | 121,025$ | 102,310$ | 0$ | |||
| Cash Flow | 11,864$ | 30,579$ | 132,889$ | |||
| Capital Reimbursement | 25,280$ | 21,370$ | 0$ | |||
| Cash Flow + Capital | 37,144$ | 51,949$ | 132,889$ | |||
| Return on Cash Flow | 2.08% | 3.23% | 4.43% | |||
| Return on Investment | 6.51% | 5.49% | 4.43% | |||
| G.R.M. | 16.08 | 16.08 | 16.08 | |||
| N.R.M. | 22.54 | 22.54 | 22.54 | |||
| Cost per Unit | 374,375$ | 374,375$ | 374,375$ | |||
| Cap. Rate | 4.43% | 4.43% | 4.43% | |||
| Debt Coverage | 1.1 | 81% | 1.3 | 68.4% | 0 | 0% |
| - Option 1: New CMHC MLI Select 50 points financing (energy efficiency). - Option 2: New regular CMHC financing. |
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