LISTED PRICE |
1,440,000$ |
1,440,000$ |
1,440,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 1,440,000$ | 100% | 1,440,000$ | 100% | 1,440,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
1,440,000$ |
100% |
1,440,000$ |
100% |
1,440,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
1,100,000$ |
76.4% |
935,000$ |
64.9% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 4% | 4% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 4,575$ | 3,889$ | 0$ | |||
| Interest Cost | 43,431$ | 36,916$ | 0$ | |||
| Capital Payment | 11,467$ | 9,747$ | 0$ | |||
| Annual Mortgage Cost | 54,898$ | 46,663$ | 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 |
340,000$ |
23.6% |
505,000$ |
35.1% |
1,440,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 60,548$ | 60,548$ | 60,548$ | |||
| Mortgage Annual Cost | 54,898$ | 46,663$ | 0$ | |||
| Cash Flow | 5,650$ | 13,885$ | 60,548$ | |||
| Capital Reimbursement | 11,467$ | 9,747$ | 0$ | |||
| Cash Flow + Capital | 17,117$ | 23,632$ | 60,548$ | |||
| Return on Cash Flow | 1.66% | 2.74% | 4.2% | |||
| Return on Investment | 5.03% | 4.67% | 4.2% | |||
| G.R.M. | 16.95 | 16.95 | 16.95 | |||
| N.R.M. | 23.78 | 23.78 | 23.78 | |||
| Cost per Unit | 288,000$ | 288,000$ | 288,000$ | |||
| Cap. Rate | 4.2% | 4.2% | 4.2% | |||
| Debt Coverage | 1.1 | 76.4% | 1.3 | 64.9% | 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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