LISTED PRICE |
2,800,000$ |
2,800,000$ |
2,800,000$ |
|||
---|---|---|---|---|---|---|
Purchase Price (estimated) | 2,800,000$ | 100% | 2,800,000$ | 100% | 2,800,000$ | 100% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
2,800,000$ |
100% |
2,800,000$ |
100% |
2,800,000$ |
100% |
---|---|---|---|---|---|---|
Financing Type | Mortgage Estimated | Mortgage Estimated |
1st MORTGAGE AMOUNT |
2,000,000$ |
71.4% |
2,150,000$ |
76.8% |
1,700,000$ |
60.7% |
---|---|---|---|---|---|---|
Lender | CMHC estimated | Estimated Conventional | Estimated Conventional | |||
Rate | 2.35% | 2.35% | 2.75% | |||
Amortization | 30 | 35 | 25 | |||
Term | 5 | 5 | 5 | |||
Maturity Date | ||||||
Monthly Payment | 7,736$ | 7,501$ | 7,829$ | |||
Interest Cost | 46,275$ | 49,851$ | 45,885$ | |||
Capital Payment | 46,552$ | 40,166$ | 48,059$ | |||
Annual Mortgage Cost | 92,827$ | 90,017$ | 93,944$ |
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 |
800,000$ |
28.6% |
650,000$ |
23.2% |
1,100,000$ |
39.3% |
---|---|---|---|---|---|---|
Net Revenue | 120,643$ | 120,643$ | 120,643$ | |||
Mortgage Annual Cost | 92,827$ | 90,017$ | 93,944$ | |||
Cash Flow | 27,816$ | 30,626$ | 26,698$ | |||
Capital Reimbursement | 46,552$ | 40,166$ | 48,059$ | |||
Cash Flow + Capital | 74,368$ | 70,792$ | 74,757$ | |||
Return on Cash Flow | 3.47% | 4.71% | 2.42% | |||
Return on Investment | 9.29% | 10.89% | 6.79% | |||
G.R.M. | 17.33 | 17.33 | 17.33 | |||
N.R.M. | 23.21 | 23.21 | 23.21 | |||
Cost per Unit | 466,667$ | 466,667$ | 466,667$ | |||
Cap. Rate | 4.3% | 4.3% | 4.3% | |||
Debt Coverage | 1.3 | 71.4% | 1.34 | 76.8% | 1.28 | 60.7% |
- Option 1: Analysis based on a new CMHC financing at the prevailing market conditions. - Option 2: Analysis based on a new Conventional financing at the prevailing market conditions. |
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