LISTED PRICE |
3,126,000$ |
3,126,000$ |
3,126,000$ |
|||
---|---|---|---|---|---|---|
Purchase Price (estimated) | 3,126,000$ | 100% | 3,126,000$ | 100% | 3,126,000$ | 100% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
3,126,000$ |
100% |
3,126,000$ |
100% |
3,126,000$ |
100% |
---|---|---|---|---|---|---|
Financing Type | Mortgage Estimated | Mortgage Estimated |
1st MORTGAGE AMOUNT |
1,615,000$ |
51.7% |
1,525,000$ |
48.8% |
0$ |
0% |
---|---|---|---|---|---|---|
Lender | CMHC estimated | CMHC estimated | ||||
Rate | 4% | 4% | % | |||
Amortization | 40 | 35 | ||||
Term | 5 | 5 | ||||
Maturity Date | ||||||
Monthly Payment | 6,717$ | 6,722$ | 0$ | |||
Interest Cost | 63,764$ | 60,127$ | 0$ | |||
Capital Payment | 16,836$ | 20,540$ | 0$ | |||
Annual Mortgage Cost | 80,600$ | 80,667$ | 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 |
1,511,000$ |
48.3% |
1,601,000$ |
51.2% |
3,126,000$ |
100% |
---|---|---|---|---|---|---|
Net Revenue | 104,859$ | 104,859$ | 104,859$ | |||
Mortgage Annual Cost | 80,600$ | 80,667$ | 0$ | |||
Cash Flow | 24,259$ | 24,193$ | 104,859$ | |||
Capital Reimbursement | 16,836$ | 20,540$ | 0$ | |||
Cash Flow + Capital | 41,095$ | 44,733$ | 104,859$ | |||
Return on Cash Flow | 1.6% | 1.51% | 3.35% | |||
Return on Investment | 2.71% | 2.79% | 3.35% | |||
G.R.M. | 18.42 | 18.42 | 18.42 | |||
N.R.M. | 29.81 | 29.81 | 29.81 | |||
Cost per Unit | 223,286$ | 223,286$ | 223,286$ | |||
Cap. Rate | 3.35% | 3.35% | 3.35% | |||
Debt Coverage | 1.3 | 51.7% | 1.3 | 48.8% | 0 | 0% |
- Analysis based on a new CMHC financing at the prevailing market conditions. |
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