LISTED PRICE |
4,995,000$ |
4,995,000$ |
4,995,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 4,995,000$ | 100% | 4,995,000$ | 100% | 4,995,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
4,995,000$ |
100% |
4,995,000$ |
100% |
4,995,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
3,775,000$ |
75.6% |
3,200,000$ |
64.1% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 4.25% | 4.25% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 16,281$ | 13,801$ | 0$ | |||
| Interest Cost | 158,325$ | 134,210$ | 0$ | |||
| Capital Payment | 37,041$ | 31,399$ | 0$ | |||
| Annual Mortgage Cost | 195,367$ | 165,609$ | 0$ | |||
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 |
1,220,000$ |
24.4% |
1,795,000$ |
35.9% |
4,995,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 215,289$ | 215,289$ | 215,289$ | |||
| Mortgage Annual Cost | 195,367$ | 165,609$ | 0$ | |||
| Cash Flow | 19,923$ | 49,681$ | 215,289$ | |||
| Capital Reimbursement | 37,041$ | 31,399$ | 0$ | |||
| Cash Flow + Capital | 56,964$ | 81,080$ | 215,289$ | |||
| Return on Cash Flow | 1.63% | 2.76% | 4.31% | |||
| Return on Investment | 4.66% | 4.51% | 4.31% | |||
| G.R.M. | 16.84 | 16.84 | 16.84 | |||
| N.R.M. | 23.2 | 23.2 | 23.2 | |||
| Cost per Unit | 312,188$ | 312,188$ | 312,188$ | |||
| Cap. Rate | 4.31% | 4.31% | 4.31% | |||
| Debt Coverage | 1.1 | 75.6% | 1.3 | 64.1% | 0 | 0% |
| - Option 1: New CMHC MLI Select 50 points financing with the energy efficiency criteria. - Option 2: New regular CMHC financing. |
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