LISTED PRICE |
1,375,000$ |
1,375,000$ |
1,375,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 1,375,000$ | 100% | 1,375,000$ | 100% | 1,375,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
1,375,000$ |
100% |
1,375,000$ |
100% |
1,375,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (70 pts) | CMHC MLI Select (50 pts) | |||
1st MORTGAGE AMOUNT |
820,000$ |
59.6% |
795,000$ |
57.8% |
760,000$ |
55.3% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC (regular) | |||
| Rate | 4.25% | 4.25% | 4.25% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 3,279$ | 3,286$ | 3,278$ | |||
| Interest Cost | 34,451$ | 33,376$ | 31,875$ | |||
| Capital Payment | 4,899$ | 6,059$ | 7,457$ | |||
| Annual Mortgage Cost | 39,351$ | 39,435$ | 39,332$ | |||
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 |
555,000$ |
40.4% |
580,000$ |
42.2% |
615,000$ |
44.7% |
|---|---|---|---|---|---|---|
| Net Revenue | 43,236$ | 43,236$ | 43,236$ | |||
| Mortgage Annual Cost | 39,351$ | 39,435$ | 39,332$ | |||
| Cash Flow | 3,885$ | 3,801$ | 3,904$ | |||
| Capital Reimbursement | 4,899$ | 6,059$ | 7,457$ | |||
| Cash Flow + Capital | 8,784$ | 9,860$ | 11,361$ | |||
| Return on Cash Flow | 0.69% | 0.65% | 0.63% | |||
| Return on Investment | 1.58% | 1.69% | 1.84% | |||
| G.R.M. | 18.27 | 18.27 | 18.27 | |||
| N.R.M. | 31.8 | 31.8 | 31.8 | |||
| Cost per Unit | 275,000$ | 275,000$ | 275,000$ | |||
| Cap. Rate | 3.14% | 3.14% | 3.14% | |||
| Debt Coverage | 1.1 | 59.6% | 1.1 | 57.8% | 1.1 | 55.3% |
| - Option 1: New CMHC MLI Select 100 points financing (energy efficiency and/or affordability). - Option 2: New CMHC MLI Select 70 points financing (energy efficiency and/or affordability). - Option 3: New CMHC MLI Select 50 points financing (energy efficiency or affordability). |
Please register to access exclusive new content.