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 |
1,015,000$ |
70.5% |
860,000$ |
59.7% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 4.25% | 4.25% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 4,377$ | 3,709$ | 0$ | |||
| Interest Cost | 42,570$ | 36,069$ | 0$ | |||
| Capital Payment | 9,959$ | 8,439$ | 0$ | |||
| Annual Mortgage Cost | 52,529$ | 44,507$ | 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$ |
29.5% |
580,000$ |
40.3% |
1,440,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 57,584$ | 57,584$ | 57,584$ | |||
| Mortgage Annual Cost | 52,529$ | 44,507$ | 0$ | |||
| Cash Flow | 5,055$ | 13,076$ | 57,584$ | |||
| Capital Reimbursement | 9,959$ | 8,439$ | 0$ | |||
| Cash Flow + Capital | 15,014$ | 21,515$ | 57,584$ | |||
| Return on Cash Flow | 1.18% | 2.25% | 3.99% | |||
| Return on Investment | 3.53% | 3.7% | 3.99% | |||
| G.R.M. | 17.19 | 17.19 | 17.19 | |||
| N.R.M. | 25.01 | 25.01 | 25.01 | |||
| Cost per Unit | 288,000$ | 288,000$ | 288,000$ | |||
| Cap. Rate | 3.99% | 3.99% | 3.99% | |||
| Debt Coverage | 1.1 | 70.5% | 1.29 | 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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