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 |
3,475,000$ |
70.9% |
3,100,000$ |
63.3% |
2,650,000$ |
54.1% |
|---|---|---|---|---|---|---|
| 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 | 14,241$ | 12,704$ | 15,413$ | |||
| Interest Cost | 133,783$ | 119,346$ | 129,903$ | |||
| Capital Payment | 37,107$ | 33,103$ | 55,047$ | |||
| Annual Mortgage Cost | 170,890$ | 152,449$ | 184,950$ | |||
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 |
1,425,000$ |
29.1% |
1,800,000$ |
36.7% |
2,250,000$ |
45.9% |
|---|---|---|---|---|---|---|
| Net Revenue | 230,355$ | 230,355$ | 230,355$ | |||
| Mortgage Annual Cost | 170,890$ | 152,449$ | 184,950$ | |||
| Cash Flow | 59,465$ | 77,906$ | 45,404$ | |||
| Capital Reimbursement | 37,107$ | 33,103$ | 55,047$ | |||
| Cash Flow + Capital | 96,572$ | 111,009$ | 100,451$ | |||
| Return on Cash Flow | 4.17% | 4.32% | 2.01% | |||
| Return on Investment | 6.77% | 6.16% | 4.46% | |||
| G.R.M. | 15.38 | 15.38 | 15.38 | |||
| N.R.M. | 21.27 | 21.27 | 21.27 | |||
| Cap. Rate | 4.7% | 4.7% | 4.7% | |||
| Debt Coverage | 1.35 | 70.9% | 1.51 | 63.3% | 1.25 | 54.1% |
| - 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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