Immeubles Gloria
1300 Ducas, LaSalle
63 residential units, 0 commercial units | 5,200,000$

Investment Analysis

LISTED PRICE
5,200,000$
 
5,200,000$
 
5,200,000$
 
Purchase Price (estimated) 5,200,000$ 100% 5,200,000$ 100% 5,200,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
5,200,000$
100%
5,200,000$
100%
5,200,000$
100%
Financing Type Mortgage Estimated Mortgage Current Bal. Mortgage Original
1st MORTGAGE AMOUNT
3,400,000$
65.4%
3,598,546$
69.2%
3,637,500$
70%
Lender Estimated Conventional Equitable Equitable
Rate 5.75% 4.7% 4.7%
Amortization 25 25 25
Term 5 1.6 2
Maturity Date 2024-02-01 2024-02-01
Monthly Payment 21,251$ 20,539$ 20,539$
Interest Cost 191,563$ 165,792$ 167,645$
Capital Payment 63,446$ 80,676$ 78,823$
Annual Mortgage Cost 255,009$ 246,468$ 246,468$
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
1,800,000$
34.6%
1,601,454$
30.8%
1,562,500$
30%
Net Revenue 326,952$ 326,952$ 326,952$
Mortgage Annual Cost 255,009$ 246,468$ 246,468$
Cash Flow 71,943$ 80,485$ 80,485$
Capital Reimbursement 63,446$ 80,676$ 78,823$
Cash Flow + Capital 135,389$ 161,161$ 159,308$
Return on Cash Flow 3.99% 5.02% 5.15%
Return on Investment 7.52% 10.06% 10.19%
G.R.M. 9.32 9.32 9.32
N.R.M. 15.9 15.9 15.9
Cost per Unit 82,540$ 82,540$ 82,540$
Cap. Rate 6.28% 6.28% 6.28%
Debt Coverage 1.28 65.4% 1.33 69.2% 1.33 70%

Notes

- Option 1: Analysis based on a new Conventional financing at the prevailing market conditions. - Option 2: Analysis based on an assumption of the existing loan with Equitable Bank
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