Immeubles Gloria
115 rue Préfontaine E., Sainte-Agathe-des-Monts
9 residential units, 0 commercial units | 1,575,000$

Investment Analysis

LISTED PRICE
1,575,000$
  
1,575,000$
  
1,575,000$
  
Purchase Price (estimated) 1,575,000$ 100% 1,575,000$ 100% 1,575,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
1,575,000$
 100%
1,575,000$
 100%
1,575,000$
 100%
Financing Type CMHC MLI Select (50 pts) Assumption CMHC (regular)
1st MORTGAGE AMOUNT
1,280,000$
 81.3%
1,035,696$
 65.8%
1,085,000$
 68.9%
Lender CMHC MLI Select Desjardins CMHC CMHC (regular)
Rate 4.1% 4.3% 4.1%
Amortization 40 49 40
Term 5 4 5
Maturity Date 2029-11-01
Monthly Payment 5,402$ 4,201$ 4,579$
Interest Cost 51,796$ 44,017$ 43,905$
Capital Payment 13,025$ 6,392$ 11,041$
Annual Mortgage Cost 64,822$ 50,409$ 54,946$
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
295,000$
 18.7%
539,304$
 34.2%
490,000$
 31.1%
Net Revenue 71,395$ 71,395$ 71,395$
Mortgage Annual Cost 64,822$ 50,409$ 54,946$
Cash Flow 6,573$ 20,986$ 16,449$
Capital Reimbursement 13,025$ 6,392$ 11,041$
Cash Flow + Capital 19,598$ 27,378$ 27,490$
Return on Cash Flow 2.22% 3.89% 3.35%
Return on Investment 6.64% 5.07% 5.61%
G.R.M. 13.47 13.47 13.47
N.R.M. 22.06 22.06 22.06
Cost per Unit 175,000$ 175,000$ 175,000$
Cap. Rate 4.53% 4.53% 4.53%
Debt Coverage 1.1 81.3% 1.42 65.8% 1.3 68.9%

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.
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