LISTED PRICE |
3,750,000$ |
3,750,000$ |
3,750,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 3,750,000$ | 100% | 3,750,000$ | 100% | 3,750,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
3,750,000$ |
100% |
3,750,000$ |
100% |
3,750,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (70 pts) | CMHC MLI Select (50 pts) | |||
1st MORTGAGE AMOUNT |
3,000,000$ |
80% |
2,900,000$ |
77.3% |
2,775,000$ |
74% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC MLI Select | |||
| Rate | 4.25% | 4.25% | 4.25% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 11,997$ | 11,988$ | 11,968$ | |||
| Interest Cost | 126,042$ | 121,749$ | 116,385$ | |||
| Capital Payment | 17,925$ | 22,102$ | 27,229$ | |||
| Annual Mortgage Cost | 143,967$ | 143,851$ | 143,614$ | |||
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 |
750,000$ |
20% |
850,000$ |
22.7% |
975,000$ |
26% |
|---|---|---|---|---|---|---|
| Net Revenue | 158,334$ | 158,334$ | 158,334$ | |||
| Mortgage Annual Cost | 143,967$ | 143,851$ | 143,614$ | |||
| Cash Flow | 14,367$ | 14,483$ | 14,720$ | |||
| Capital Reimbursement | 17,925$ | 22,102$ | 27,229$ | |||
| Cash Flow + Capital | 32,292$ | 36,585$ | 41,949$ | |||
| Return on Cash Flow | 1.91% | 1.7% | 1.5% | |||
| Return on Investment | 4.3% | 4.3% | 4.3% | |||
| G.R.M. | 15.6 | 15.6 | 15.6 | |||
| N.R.M. | 23.68 | 23.68 | 23.68 | |||
| Cost per Unit | 197,368$ | 197,368$ | 197,368$ | |||
| Cap. Rate | 4.22% | 4.22% | 4.22% | |||
| Debt Coverage | 1.1 | 80% | 1.1 | 77.3% | 1.1 | 74% |
| - Option 1: New CMHC MLI Select 100 points financing (energy efficiency and/or affordability). - Option 2: New CMHC MLI Select 70 points financing (energy efficiency and/or affordability). - Option 3: New CMHC MLI Select 50 points financing (energy efficiency or affordability). |
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