LISTED PRICE |
9,900,000$ |
9,900,000$ |
9,900,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 9,900,000$ | 100% | 9,900,000$ | 100% | 9,900,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
9,900,000$ |
100% |
9,900,000$ |
100% |
9,900,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
6,295,000$ |
63.6% |
5,340,000$ |
53.9% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 3.65% | 3.65% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 24,851$ | 21,081$ | 0$ | |||
| Interest Cost | 226,863$ | 192,446$ | 0$ | |||
| Capital Payment | 71,350$ | 60,526$ | 0$ | |||
| Annual Mortgage Cost | 298,213$ | 252,972$ | 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 |
3,605,000$ |
36.4% |
4,560,000$ |
46.1% |
9,900,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 328,072$ | 328,072$ | 328,072$ | |||
| Mortgage Annual Cost | 298,213$ | 252,972$ | 0$ | |||
| Cash Flow | 29,859$ | 75,100$ | 328,072$ | |||
| Capital Reimbursement | 71,350$ | 60,526$ | 0$ | |||
| Cash Flow + Capital | 101,209$ | 135,626$ | 328,072$ | |||
| Return on Cash Flow | 0.82% | 1.64% | 3.31% | |||
| Return on Investment | 2.8% | 2.97% | 3.31% | |||
| G.R.M. | 20.16 | 20.16 | 20.16 | |||
| N.R.M. | 30.18 | 30.18 | 30.18 | |||
| Cost per Unit | 282,857$ | 282,857$ | 282,857$ | |||
| Cap. Rate | 3.31% | 3.31% | 3.31% | |||
| Debt Coverage | 1.1 | 63.6% | 1.3 | 53.9% | 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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