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 |
850,000$ |
61.8% |
820,000$ |
59.6% |
785,000$ |
57.1% |
|---|---|---|---|---|---|---|
| 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 | 3,399$ | 3,390$ | 3,385$ | |||
| Interest Cost | 35,712$ | 34,426$ | 32,923$ | |||
| Capital Payment | 5,079$ | 6,250$ | 7,703$ | |||
| Annual Mortgage Cost | 40,791$ | 40,675$ | 40,626$ | |||
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 |
525,000$ |
38.2% |
555,000$ |
40.4% |
590,000$ |
42.9% |
|---|---|---|---|---|---|---|
| Net Revenue | 44,796$ | 44,796$ | 44,796$ | |||
| Mortgage Annual Cost | 40,791$ | 40,675$ | 40,626$ | |||
| Cash Flow | 4,005$ | 4,121$ | 4,170$ | |||
| Capital Reimbursement | 5,079$ | 6,250$ | 7,703$ | |||
| Cash Flow + Capital | 9,084$ | 10,371$ | 11,873$ | |||
| Return on Cash Flow | 0.76% | 0.74% | 0.7% | |||
| Return on Investment | 1.73% | 1.86% | 2.01% | |||
| G.R.M. | 18.27 | 18.27 | 18.27 | |||
| N.R.M. | 30.69 | 30.69 | 30.69 | |||
| Cost per Unit | 275,000$ | 275,000$ | 275,000$ | |||
| Cap. Rate | 3.25% | 3.25% | 3.25% | |||
| Debt Coverage | 1.1 | 61.8% | 1.1 | 59.6% | 1.1 | 57.1% |
| - 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). |
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