Immeubles Gloria
2525 Rachel E., Plateau-Mont-Royal
16 residential units, 0 commercial units | 6,095,000$

Investment Analysis

LISTED PRICE
6,095,000$
  
6,095,000$
  
6,095,000$
  
Purchase Price (estimated) 6,095,000$ 100% 6,095,000$ 100% 6,095,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
6,095,000$
 100%
6,095,000$
 100%
6,095,000$
 100%
Financing Type Assumption CMHC (regular)
1st MORTGAGE AMOUNT
5,420,377$
 88.9%
3,725,000$
 61.1%
0$
 0%
Lender National Bank CMHC CMHC (regular)
Rate 4.05% 4% %
Amortization 48 40
Term 3 5
Maturity Date 2028-12-01
Monthly Payment 21,241$ 15,492$ 0$
Interest Cost 217,003$ 147,072$ 0$
Capital Payment 37,891$ 38,832$ 0$
Annual Mortgage Cost 254,894$ 185,904$ 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
674,623$
 11.1%
2,370,000$
 38.9%
6,095,000$
 100%
Net Revenue 260,839$ 260,839$ 260,839$
Mortgage Annual Cost 254,894$ 185,904$ 0$
Cash Flow 5,945$ 74,935$ 260,839$
Capital Reimbursement 37,891$ 38,832$ 0$
Cash Flow + Capital 43,836$ 113,767$ 260,839$
Return on Cash Flow 0.88% 3.16% 4.27%
Return on Investment 6.49% 4.8% 4.27%
G.R.M. 17.15 17.15 17.15
N.R.M. 23.37 23.37 23.37
Cost per Unit 380,938$ 380,938$ 380,938$
Cap. Rate 4.27% 4.27% 4.27%
Debt Coverage 1.02 88.9% 1.4 61.1% 0 0%

Notes

- Option 1: Assumption of the existing CMHC MLI Select 100 points (energy efficiency) with National Bank. - Option 2: New regular CMHC financing.
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