Immeubles Gloria
8489 Saint-Hubert, Villeray
23 residential units, 0 commercial units | 4,000,000$

Investment Analysis

LISTED PRICE
4,000,000$
  
4,000,000$
  
4,000,000$
  
Purchase Price (estimated) 4,000,000$ 100% 4,000,000$ 100% 4,000,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
4,000,000$
 100%
4,000,000$
 100%
4,000,000$
 100%
Financing Type CMHC MLI Select (100 pts) CMHC MLI Select (70 pts) Assumption
1st MORTGAGE AMOUNT
3,625,000$
 90.6%
3,485,000$
 87.1%
2,825,032$
 70.6%
Lender CMHC MLI Select CMHC MLI Select National Bank CMHC
Rate 3.75% 3.75% 3.86%
Amortization 50 45 43
Term 5 5 3
Maturity Date 2028-07-01
Monthly Payment 13,319$ 13,307$ 11,174$
Interest Cost 134,458$ 129,161$ 107,720$
Capital Payment 25,369$ 30,520$ 26,366$
Annual Mortgage Cost 159,827$ 159,681$ 134,086$
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
375,000$
 9.4%
515,000$
 12.9%
1,174,968$
 29.4%
Net Revenue 175,523$ 175,523$ 175,523$
Mortgage Annual Cost 159,827$ 159,681$ 134,086$
Cash Flow 15,696$ 15,842$ 41,437$
Capital Reimbursement 25,369$ 30,520$ 26,366$
Cash Flow + Capital 41,065$ 46,362$ 67,803$
Return on Cash Flow 4.18% 3.07% 3.52%
Return on Investment 10.95% 9% 5.77%
G.R.M. 15.09 15.09 15.09
N.R.M. 22.79 22.79 22.79
Cost per Unit 173,913$ 173,913$ 173,913$
Cap. Rate 4.38% 4.38% 4.38%
Debt Coverage 1.1 90.6% 1.1 87.1% 1.31 70.6%

Notes

- Option 1: New CMHC MLI Select financing (100 points). - Option 2: New CMHC MLI Select financing (70 points). - Option 3: Assumption of the existing CMHC MLI Select financing with National Bank (70 points with 60% affordable units).
Top