LISTED PRICE |
7,995,000$ |
7,995,000$ |
7,995,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 7,995,000$ | 100% | 7,995,000$ | 100% | 7,995,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
7,995,000$ |
100% |
7,995,000$ |
100% |
7,995,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
6,675,000$ |
83.5% |
5,675,000$ |
71% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 4% | 4% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 27,761$ | 23,602$ | 0$ | |||
| Interest Cost | 263,546$ | 224,063$ | 0$ | |||
| Capital Payment | 69,584$ | 59,160$ | 0$ | |||
| Annual Mortgage Cost | 333,130$ | 283,223$ | 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 |
1,320,000$ |
16.5% |
2,320,000$ |
29% |
7,995,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 357,314$ | 357,314$ | 357,314$ | |||
| Mortgage Annual Cost | 333,130$ | 283,223$ | 0$ | |||
| Cash Flow | 24,184$ | 74,091$ | 357,314$ | |||
| Capital Reimbursement | 69,584$ | 59,160$ | 0$ | |||
| Cash Flow + Capital | 93,768$ | 133,251$ | 357,314$ | |||
| Return on Cash Flow | 1.83% | 3.19% | 4.46% | |||
| Return on Investment | 7.1% | 5.74% | 4.46% | |||
| G.R.M. | 15.5 | 15.5 | 15.5 | |||
| N.R.M. | 22.38 | 22.38 | 22.38 | |||
| Cost per Unit | 249,844$ | 249,844$ | 249,844$ | |||
| Cap. Rate | 4.46% | 4.46% | 4.46% | |||
| Debt Coverage | 1.07 | 83.5% | 1.26 | 71% | 0 | 0% |
| - OPTION 1: 4 new CMHC MLI Select 50 points financings with energy efficiency. - OPTION 2: 4 new regular CMHC financings. |
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