LISTED PRICE |
4,900,000$ |
4,900,000$ |
4,900,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 4,900,000$ | 100% | 4,900,000$ | 100% | 4,900,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
4,900,000$ |
100% |
4,900,000$ |
100% |
4,900,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | Conventional | |||
1st MORTGAGE AMOUNT |
3,515,000$ |
71.7% |
3,150,000$ |
64.3% |
2,625,000$ |
53.6% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | Estimated Conventional | |||
| Rate | 3.9% | 3.9% | 5% | |||
| Amortization | 40 | 40 | 25 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 14,405$ | 12,909$ | 15,267$ | |||
| Interest Cost | 135,323$ | 121,271$ | 128,678$ | |||
| Capital Payment | 37,534$ | 33,636$ | 54,528$ | |||
| Annual Mortgage Cost | 172,857$ | 154,908$ | 183,206$ | |||
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 |
1,385,000$ |
28.3% |
1,750,000$ |
35.7% |
2,275,000$ |
46.4% |
|---|---|---|---|---|---|---|
| Net Revenue | 229,599$ | 229,599$ | 229,599$ | |||
| Mortgage Annual Cost | 172,857$ | 154,908$ | 183,206$ | |||
| Cash Flow | 56,741$ | 74,691$ | 46,393$ | |||
| Capital Reimbursement | 37,534$ | 33,636$ | 54,528$ | |||
| Cash Flow + Capital | 94,275$ | 108,327$ | 100,921$ | |||
| Return on Cash Flow | 4.09% | 4.26% | 2.03% | |||
| Return on Investment | 6.8% | 6.19% | 4.43% | |||
| G.R.M. | 15.28 | 15.28 | 15.28 | |||
| N.R.M. | 21.34 | 21.34 | 21.34 | |||
| Cap. Rate | 4.68% | 4.68% | 4.68% | |||
| Debt Coverage | 1.33 | 71.7% | 1.48 | 64.3% | 1.25 | 53.6% |
| - 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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