LISTED PRICE |
5,300,000$ |
5,300,000$ |
5,300,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 5,300,000$ | 100% | 5,300,000$ | 100% | 5,300,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
5,300,000$ |
100% |
5,300,000$ |
100% |
5,300,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (70 pts) | CMHC MLI Select (50 pts) | |||
1st MORTGAGE AMOUNT |
4,100,000$ |
77.4% |
3,950,000$ |
74.5% |
3,825,000$ |
72.2% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC MLI Select | |||
| Rate | 4.4% | 4.4% | 4.4% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 16,804$ | 16,709$ | 16,854$ | |||
| Interest Cost | 178,305$ | 171,656$ | 166,060$ | |||
| Capital Payment | 23,346$ | 28,858$ | 36,183$ | |||
| Annual Mortgage Cost | 201,651$ | 200,513$ | 202,243$ | |||
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 |
1,200,000$ |
22.6% |
1,350,000$ |
25.5% |
1,475,000$ |
27.8% |
|---|---|---|---|---|---|---|
| Net Revenue | 221,562$ | 221,562$ | 221,562$ | |||
| Mortgage Annual Cost | 201,651$ | 200,513$ | 202,243$ | |||
| Cash Flow | 19,911$ | 21,049$ | 19,320$ | |||
| Capital Reimbursement | 23,346$ | 28,858$ | 36,183$ | |||
| Cash Flow + Capital | 43,257$ | 49,907$ | 55,503$ | |||
| Return on Cash Flow | 1.65% | 1.55% | 1.3% | |||
| Return on Investment | 3.6% | 3.69% | 3.76% | |||
| G.R.M. | 15.65 | 15.65 | 15.65 | |||
| N.R.M. | 23.92 | 23.92 | 23.92 | |||
| Cost per Unit | 220,833$ | 220,833$ | 220,833$ | |||
| Cap. Rate | 4.18% | 4.18% | 4.18% | |||
| Debt Coverage | 1.1 | 77.4% | 1.1 | 74.5% | 1.1 | 72.2% |
| - Option 1: New CMHC MLI Select 100 points financing (energy efficiency and affordability). - Option 2: New CMHC MLI Select 70 points financing (energy efficiency and affordability). - Option 3: New CMHC MLI Select 50 points financing (energy efficiency or affordability). |
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