LISTED PRICE |
1,400,000$ |
1,400,000$ |
1,400,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 1,400,000$ | 100% | 1,400,000$ | 100% | 1,400,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
1,400,000$ |
100% |
1,400,000$ |
100% |
1,400,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
885,000$ |
63.2% |
750,000$ |
53.6% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 4% | 4% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 3,681$ | 3,119$ | 0$ | |||
| Interest Cost | 34,942$ | 29,612$ | 0$ | |||
| Capital Payment | 9,226$ | 7,818$ | 0$ | |||
| Annual Mortgage Cost | 44,168$ | 37,430$ | 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 |
515,000$ |
36.8% |
650,000$ |
46.4% |
1,400,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 48,552$ | 48,552$ | 48,552$ | |||
| Mortgage Annual Cost | 44,168$ | 37,430$ | 0$ | |||
| Cash Flow | 4,384$ | 11,122$ | 48,552$ | |||
| Capital Reimbursement | 9,226$ | 7,818$ | 0$ | |||
| Cash Flow + Capital | 13,610$ | 18,940$ | 48,552$ | |||
| Return on Cash Flow | 0.85% | 1.71% | 3.46% | |||
| Return on Investment | 2.64% | 2.91% | 3.46% | |||
| G.R.M. | 18.8 | 18.8 | 18.8 | |||
| N.R.M. | 28.83 | 28.83 | 28.83 | |||
| Cost per Unit | 280,000$ | 280,000$ | 280,000$ | |||
| Cap. Rate | 3.46% | 3.46% | 3.46% | |||
| Debt Coverage | 1.1 | 63.2% | 1.3 | 53.6% | 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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