LISTED PRICE |
2,149,000$ |
2,149,000$ |
2,149,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 2,149,000$ | 100% | 2,149,000$ | 100% | 2,149,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
2,149,000$ |
100% |
2,149,000$ |
100% |
2,149,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
1,690,000$ |
78.6% |
1,425,000$ |
66.3% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 4.15% | 4.15% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 7,184$ | 6,058$ | 0$ | |||
| Interest Cost | 69,218$ | 58,364$ | 0$ | |||
| Capital Payment | 16,991$ | 14,326$ | 0$ | |||
| Annual Mortgage Cost | 86,209$ | 72,691$ | 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 |
459,000$ |
21.4% |
724,000$ |
33.7% |
2,149,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 94,474$ | 94,474$ | 94,474$ | |||
| Mortgage Annual Cost | 86,209$ | 72,691$ | 0$ | |||
| Cash Flow | 8,265$ | 21,783$ | 94,474$ | |||
| Capital Reimbursement | 16,991$ | 14,326$ | 0$ | |||
| Cash Flow + Capital | 25,256$ | 36,109$ | 94,474$ | |||
| Return on Cash Flow | 1.8% | 3% | 4.39% | |||
| Return on Investment | 5.5% | 4.98% | 4.39% | |||
| G.R.M. | 16.85 | 16.85 | 16.85 | |||
| N.R.M. | 22.75 | 22.75 | 22.75 | |||
| Cost per Unit | 429,800$ | 429,800$ | 429,800$ | |||
| Cap. Rate | 4.39% | 4.39% | 4.39% | |||
| Debt Coverage | 1.1 | 78.6% | 1.3 | 66.3% | 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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