LISTED PRICE |
5,200,000$ |
5,200,000$ |
5,200,000$ |
|||
---|---|---|---|---|---|---|
Purchase Price (estimated) | 5,200,000$ | 100% | 5,200,000$ | 100% | 5,200,000$ | 100% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
5,200,000$ |
100% |
5,200,000$ |
100% |
5,200,000$ |
100% |
---|---|---|---|---|---|---|
Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | Conventional |
1st MORTGAGE AMOUNT |
3,000,000$ |
57.7% |
2,700,000$ |
51.9% |
2,575,000$ |
49.5% |
---|---|---|---|---|---|---|
Lender | CMHC MLI Select | CMHC (regular) | Estimated Conventional | |||
Rate | 3.75% | 3.75% | 5% | |||
Amortization | 40 | 40 | 25 | |||
Term | 5 | 5 | 5 | |||
Maturity Date | ||||||
Monthly Payment | 12,023$ | 10,820$ | 14,976$ | |||
Interest Cost | 111,069$ | 99,962$ | 126,227$ | |||
Capital Payment | 33,204$ | 29,884$ | 53,489$ | |||
Annual Mortgage Cost | 144,273$ | 129,846$ | 179,716$ |
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 |
2,200,000$ |
42.3% |
2,500,000$ |
48.1% |
2,625,000$ |
50.5% |
---|---|---|---|---|---|---|
Net Revenue | 225,434$ | 225,434$ | 225,434$ | |||
Mortgage Annual Cost | 144,273$ | 129,846$ | 179,716$ | |||
Cash Flow | 81,161$ | 95,588$ | 45,718$ | |||
Capital Reimbursement | 33,204$ | 29,884$ | 53,489$ | |||
Cash Flow + Capital | 114,365$ | 125,472$ | 99,207$ | |||
Return on Cash Flow | 3.68% | 3.82% | 1.74% | |||
Return on Investment | 5.19% | 5.01% | 3.77% | |||
G.R.M. | 16.61 | 16.61 | 16.61 | |||
N.R.M. | 23.07 | 23.07 | 23.07 | |||
Cap. Rate | 4.33% | 4.33% | 4.33% | |||
Debt Coverage | 1.56 | 57.7% | 1.74 | 51.9% | 1.25 | 49.5% |
- Option 1: New CMHC MLI SELECT (50 points) financing with the energy efficiency criteria. - Option 2: New regular CMHC financing. - Option 3: New Conventional financing (25 years amortization). |
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