LISTED PRICE |
1,450,000$ |
1,450,000$ |
1,450,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 1,450,000$ | 100% | 1,450,000$ | 100% | 1,450,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
1,450,000$ |
100% |
1,450,000$ |
100% |
1,450,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
1,025,000$ |
70.7% |
865,000$ |
59.7% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 4% | 4% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 4,263$ | 3,597$ | 0$ | |||
| Interest Cost | 40,470$ | 34,152$ | 0$ | |||
| Capital Payment | 10,685$ | 9,017$ | 0$ | |||
| Annual Mortgage Cost | 51,155$ | 43,170$ | 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 |
425,000$ |
29.3% |
585,000$ |
40.3% |
1,450,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 56,034$ | 56,034$ | 56,034$ | |||
| Mortgage Annual Cost | 51,155$ | 43,170$ | 0$ | |||
| Cash Flow | 4,879$ | 12,864$ | 56,034$ | |||
| Capital Reimbursement | 10,685$ | 9,017$ | 0$ | |||
| Cash Flow + Capital | 15,564$ | 21,881$ | 56,034$ | |||
| Return on Cash Flow | 1.14% | 2.19% | 3.86% | |||
| Return on Investment | 3.66% | 3.74% | 3.86% | |||
| G.R.M. | 18.1 | 18.1 | 18.1 | |||
| N.R.M. | 25.88 | 25.88 | 25.88 | |||
| Cost per Unit | 290,000$ | 290,000$ | 290,000$ | |||
| Cap. Rate | 3.86% | 3.86% | 3.86% | |||
| Debt Coverage | 1.1 | 70.7% | 1.3 | 59.7% | 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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