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 |
3,125,000$ |
83.3% |
3,025,000$ |
80.7% |
2,900,000$ |
77.3% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC MLI Select | |||
| Rate | 4.5% | 4.5% | 4.5% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 13,017$ | 12,993$ | 12,960$ | |||
| Interest Cost | 138,975$ | 134,431$ | 128,751$ | |||
| Capital Payment | 17,229$ | 21,482$ | 26,768$ | |||
| Annual Mortgage Cost | 156,204$ | 155,913$ | 155,518$ | |||
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 |
625,000$ |
16.7% |
725,000$ |
19.3% |
850,000$ |
22.7% |
|---|---|---|---|---|---|---|
| Net Revenue | 171,518$ | 171,518$ | 171,518$ | |||
| Mortgage Annual Cost | 156,204$ | 155,913$ | 155,518$ | |||
| Cash Flow | 15,314$ | 15,606$ | 16,000$ | |||
| Capital Reimbursement | 17,229$ | 21,482$ | 26,768$ | |||
| Cash Flow + Capital | 32,543$ | 37,088$ | 42,768$ | |||
| Return on Cash Flow | 2.45% | 2.15% | 1.88% | |||
| Return on Investment | 5.2% | 5.11% | 5.03% | |||
| G.R.M. | 14.71 | 14.71 | 14.71 | |||
| N.R.M. | 21.86 | 21.86 | 21.86 | |||
| Cost per Unit | 197,368$ | 197,368$ | 197,368$ | |||
| Cap. Rate | 4.57% | 4.57% | 4.57% | |||
| Debt Coverage | 1.1 | 83.3% | 1.1 | 80.7% | 1.1 | 77.3% |
| - 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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