LISTED PRICE |
2,650,000$ |
2,650,000$ |
2,650,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 2,650,000$ | 100% | 2,650,000$ | 100% | 2,650,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
2,650,000$ |
100% |
2,650,000$ |
100% |
2,650,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | Mortgage Estimated | Assumption | ||||
1st MORTGAGE AMOUNT |
1,485,000$ |
56% |
1,321,131$ |
49.9% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | Estimated Conventional | RBC | ||||
| Rate | 4.8% | 5.92% | % | |||
| Amortization | 25 | 23 | ||||
| Term | 5 | 2 | ||||
| Maturity Date | 2027-12-01 | |||||
| Monthly Payment | 8,469$ | 8,717$ | 0$ | |||
| Interest Cost | 69,892$ | 76,519$ | 0$ | |||
| Capital Payment | 31,730$ | 28,084$ | 0$ | |||
| Annual Mortgage Cost | 101,623$ | 104,603$ | 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 |
1,165,000$ |
44% |
1,328,869$ |
50.1% |
2,650,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 126,713$ | 126,713$ | 126,713$ | |||
| Mortgage Annual Cost | 101,623$ | 104,603$ | 0$ | |||
| Cash Flow | 25,090$ | 22,110$ | 126,713$ | |||
| Capital Reimbursement | 31,730$ | 28,084$ | 0$ | |||
| Cash Flow + Capital | 56,820$ | 50,194$ | 126,713$ | |||
| Return on Cash Flow | 2.15% | 1.66% | 4.78% | |||
| Return on Investment | 4.87% | 3.77% | 4.78% | |||
| G.R.M. | 12.56 | 12.56 | 12.56 | |||
| N.R.M. | 20.91 | 20.91 | 20.91 | |||
| Cap. Rate | 4.78% | 4.78% | 4.78% | |||
| Debt Coverage | 1.25 | 56% | 1.21 | 49.9% | 0 | 0% |
| - Option 1: New Conventional financing. - Option 2: Assumption of the existing Conventional financing with RBC. |
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