Immeubles Gloria

6550 Wilderton, Côte-des-Neiges

22 residential units, 0 commercial units | 5,500,000$

Investment Analysis

LISTED PRICE	5,500,000$		5,500,000$		5,500,000$

Purchase Price (estimated)	5,500,000$	100%	5,500,000$	100%	5,500,000$	100%
Other Cost	0$	0%	0$	0%	0$	0%
Other Cost	0$	0%	0$	0%	0$	0%

PURCHASE PRICE	5,500,000$	100%	5,500,000$	100%	5,500,000$	100%

Financing Type	Assumption		CMHC MLI Select (50 pts)		CMHC (regular)

1st MORTGAGE AMOUNT	3,856,083$	70.1%	4,300,000$	78.2%	3,625,000$	65.9%

Lender	Peoples Trust CMHC		CMHC MLI Select		CMHC (regular)
Rate	3.75%		4%		4%
Amortization	49		40		40
Term	4.3		5		5
Maturity Date	2030-06-01
Monthly Payment	14,268$		17,883$		15,076$
Interest Cost	143,008$		169,775$		143,124$
Capital Payment	28,205$		44,826$		37,789$
Annual Mortgage Cost	171,214$		214,601$		180,913$

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	1,643,917$	29.9%	1,200,000$	21.8%	1,875,000$	34.1%

Net Revenue	235,841$		235,841$		235,841$
Mortgage Annual Cost	171,214$		214,601$		180,913$
Cash Flow	64,628$		21,241$		54,928$
Capital Reimbursement	28,205$		44,826$		37,789$
Cash Flow + Capital	92,833$		66,067$		92,717$
Return on Cash Flow	3.93%		1.77%		2.92%
Return on Investment	5.64%		5.5%		4.94%

G.R.M.	15.7		15.7		15.7
N.R.M.	23.32		23.32		23.32
Cost per Unit	250,000$		250,000$		250,000$
Cap. Rate	4.28%		4.28%		4.28%
Debt Coverage	1.38	70.1%	1.1	78.2%	1.3	65.9%

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 (if possible). - Option 3: New regular CMHC financing.

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