Immeubles Gloria
2238-2242-2250-2254 Schulz, St-Jérôme
32 residential units, 0 commercial units | 8,450,000$

Investment Analysis

LISTED PRICE
8,450,000$
  
8,450,000$
  
8,450,000$
  
Purchase Price (estimated) 8,450,000$ 100% 8,450,000$ 100% 8,450,000$ 100%
Other Cost 0$ 0% 0$ 0% 0$ 0%
Other Cost 0$ 0% 0$ 0% 0$ 0%
PURCHASE PRICE
8,450,000$
 100%
8,450,000$
 100%
8,450,000$
 100%
Financing Type CMHC MLI Select (50 pts) Assumption CMHC (regular)
1st MORTGAGE AMOUNT
6,425,000$
 76%
4,300,000$
 50.9%
5,625,000$
 66.6%
Lender CMHC MLI Select CMHC MLI Select CMHC (regular)
Rate 3.8% 3.8% 3.8%
Amortization 40 40 40
Term 5 5 5
Maturity Date
Monthly Payment 25,942$ 17,362$ 22,712$
Interest Cost 241,033$ 161,314$ 211,021$
Capital Payment 70,269$ 47,029$ 61,520$
Annual Mortgage Cost 311,303$ 208,343$ 272,541$
2nd MORTGAGE AMOUNT
0$
 0%
865,229$
 10.2%
0$
 0%
Lender Peoples Trust CMHC
Rate 4.8%
Amortization 29
Term 5
Expiry Date 2030-05-01
Monthly Payment 0$ 4,561$ 0$
Interest Cost 0$ 40,821$ 0$
Capital Payment 0$ 13,916$ 0$
Annual Mortgage Cost 0$ 54,737$ 0$
CASH TO PURCHASE
2,025,000$
 24%
3,284,771$
 38.9%
2,825,000$
 33.4%
Net Revenue 342,180$ 342,180$ 342,180$
Mortgage Annual Cost 311,303$ 263,080$ 272,541$
Cash Flow 30,877$ 79,101$ 69,639$
Capital Reimbursement 70,269$ 60,944$ 61,520$
Cash Flow + Capital 101,146$ 140,045$ 131,159$
Return on Cash Flow 1.52% 2.4% 2.46%
Return on Investment 4.99% 4.26% 4.64%
G.R.M. 17.08 17.08 17.08
N.R.M. 24.69 24.69 24.69
Cost per Unit 264,063$ 264,063$ 264,063$
Cap. Rate 4.04% 4.04% 4.04%
Debt Coverage 1.1 76% 1.3 61.1% 1.26 66.6%

Notes

- OPTION 1: 4 new CMHC MLI Select 50 points financings with energy efficiency. - OPTION 2: 3 new CMHC MLI Select 50 points financings + Assumption of the existing Peoples Trust CMHC mortgage (2254 Schulz). - OPTION 3: 4 new regular CMHC financings.
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