Immeubles Gloria
1650 René-Lévesque W., Ville-Marie
120 residential units, 2 commercial units | 35,000,000$

Investment Analysis

LISTED PRICE
35,000,000$
  
35,000,000$
  
35,000,000$
  
Purchase Price (estimated) 35,000,000$ 100% 35,000,000$ 100% 35,000,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
35,000,000$
 100%
35,000,000$
 100%
35,000,000$
 100%
Financing Type CMHC MLI Select (50 pts) CMHC (regular) Mortgage Current Bal.
1st MORTGAGE AMOUNT
23,500,000$
 67.1%
19,900,000$
 56.9%
14,862,809$
 42.5%
Lender CMHC MLI Select CMHC (regular) First National CMHC
Rate 3.9% 3.9% 4.4%
Amortization 40 40 37
Term 5 5 2
Maturity Date 2028-06-01
Monthly Payment 96,305$ 81,552$ 67,490$
Interest Cost 904,722$ 766,127$ 644,775$
Capital Payment 250,938$ 212,497$ 165,101$
Annual Mortgage Cost 1,155,661$ 978,623$ 809,876$
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
11,500,000$
 32.9%
15,100,000$
 43.1%
20,137,191$
 57.5%
Net Revenue 1,271,557$ 1,271,557$ 1,271,557$
Mortgage Annual Cost 1,155,661$ 978,623$ 809,876$
Cash Flow 115,896$ 292,934$ 461,681$
Capital Reimbursement 250,938$ 212,497$ 165,101$
Cash Flow + Capital 366,834$ 505,431$ 626,782$
Return on Cash Flow 1% 1.93% 2.29%
Return on Investment 3.18% 3.34% 3.11%
G.R.M. 17.97 17.97 17.97
N.R.M. 27.53 27.53 27.53
Cost per Unit 291,667$ 291,667$ 291,667$
Cap. Rate 3.63% 3.63% 3.63%
Debt Coverage 1.1 67.1% 1.3 56.9% 1.57 42.5%

Notes

- Option 1: New CMHC MLI Select financing with the energy efficiency criteria (50 points). - Option 2: New regular CMHC financing. - Option 3: Assumption of the existing regular CMHC financing with First National.
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