Immeubles Gloria
115 rue Préfontaine E., Sainte-Agathe-des-Monts
9 residential units, 0 commercial units | 1,495,000$

Investment Analysis

LISTED PRICE
1,495,000$
  
1,495,000$
  
1,495,000$
  
Purchase Price (estimated) 1,495,000$ 100% 1,495,000$ 100% 1,495,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
1,495,000$
 100%
1,495,000$
 100%
1,495,000$
 100%
Financing Type CMHC MLI Select (50 pts) Assumption CMHC (regular)
1st MORTGAGE AMOUNT
1,215,000$
 81.3%
1,029,304$
 68.8%
1,025,000$
 68.6%
Lender CMHC MLI Select Desjardins CMHC CMHC (regular)
Rate 4.5% 4.3% 4.5%
Amortization 40 48 40
Term 5 3 5
Maturity Date 2029-11-01
Monthly Payment 5,430$ 4,201$ 4,581$
Interest Cost 53,942$ 43,739$ 45,507$
Capital Payment 11,215$ 6,670$ 9,461$
Annual Mortgage Cost 65,157$ 50,409$ 54,968$
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
280,000$
 18.7%
465,696$
 31.2%
470,000$
 31.4%
Net Revenue 71,395$ 71,395$ 71,395$
Mortgage Annual Cost 65,157$ 50,409$ 54,968$
Cash Flow 6,238$ 20,986$ 16,427$
Capital Reimbursement 11,215$ 6,670$ 9,461$
Cash Flow + Capital 17,453$ 27,656$ 25,888$
Return on Cash Flow 2.22% 4.5% 3.49%
Return on Investment 6.23% 5.93% 5.5%
G.R.M. 12.78 12.78 12.78
N.R.M. 20.94 20.94 20.94
Cost per Unit 166,111$ 166,111$ 166,111$
Cap. Rate 4.77% 4.77% 4.77%
Debt Coverage 1.1 81.3% 1.42 68.8% 1.3 68.6%

Notes

- Option 1: New CMHC MLI Select 50 points financing with the affordability criteria. - Option 2: Assumption of the existing financing CMHC MLI Select 100 points (energy efficiency) with Desjardins. The remaining energy work required by CMHC shall be assumed by the buyer. - Option 3: New regular CMHC financing.
Top