LISTED PRICE |
1,360,000$ |
1,360,000$ |
1,360,000$ |
|||
---|---|---|---|---|---|---|
Purchase Price (estimated) | 1,360,000$ | 100% | 1,360,000$ | 100% | 1,360,000$ | 100% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
1,360,000$ |
100% |
1,360,000$ |
100% |
1,360,000$ |
100% |
---|---|---|---|---|---|---|
Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (50 pts) | CMHC (regular) |
1st MORTGAGE AMOUNT |
1,180,000$ |
86.8% |
1,065,000$ |
78.3% |
900,000$ |
66.2% |
---|---|---|---|---|---|---|
Lender | CMHC MLI Select | CMHC MLI Select | CMHC (regular) | |||
Rate | 3.85% | 3.85% | 3.85% | |||
Amortization | 50 | 40 | 40 | |||
Term | 5 | 5 | 5 | |||
Maturity Date | ||||||
Monthly Payment | 4,411$ | 4,332$ | 3,661$ | |||
Interest Cost | 44,931$ | 40,477$ | 34,206$ | |||
Capital Payment | 8,004$ | 11,509$ | 9,726$ | |||
Annual Mortgage Cost | 52,934$ | 51,987$ | 43,932$ |
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 |
180,000$ |
13.2% |
295,000$ |
21.7% |
460,000$ |
33.8% |
---|---|---|---|---|---|---|
Net Revenue | 59,317$ | 59,317$ | 59,317$ | |||
Mortgage Annual Cost | 52,934$ | 51,987$ | 43,932$ | |||
Cash Flow | 6,382$ | 7,330$ | 15,384$ | |||
Capital Reimbursement | 8,004$ | 11,509$ | 9,726$ | |||
Cash Flow + Capital | 14,386$ | 18,839$ | 25,110$ | |||
Return on Cash Flow | 3.54% | 2.48% | 3.34% | |||
Return on Investment | 7.99% | 6.38% | 5.45% | |||
G.R.M. | 13.76 | 13.76 | 13.76 | |||
N.R.M. | 22.93 | 22.93 | 22.93 | |||
Cost per Unit | 170,000$ | 170,000$ | 170,000$ | |||
Cap. Rate | 4.36% | 4.36% | 4.36% | |||
Debt Coverage | 1.12 | 86.8% | 1.14 | 78.3% | 1.35 | 66.2% |
- Option 1: New CMHC MLI SELECT (100 points) financing with the energy efficiency and/or affordability criteria. - Option 2: New CMHC MLI SELECT (50 points) financing with the energy efficiency criteria. - Option 3: New regular CMHC financing at the prevailing market conditions. |
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