LISTED PRICE |
2,500,000$ |
2,500,000$ |
2,500,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 2,500,000$ | 100% | 2,500,000$ | 100% | 2,500,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
2,500,000$ |
100% |
2,500,000$ |
100% |
2,500,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (70 pts) | CMHC MLI Select (50 pts) | |||
1st MORTGAGE AMOUNT |
1,960,000$ |
78.4% |
1,890,000$ |
75.6% |
1,810,000$ |
72.4% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC MLI Select | |||
| Rate | 4.15% | 4.15% | 4.15% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 7,709$ | 7,692$ | 7,694$ | |||
| Interest Cost | 80,419$ | 77,488$ | 74,133$ | |||
| Capital Payment | 12,091$ | 14,814$ | 18,197$ | |||
| Annual Mortgage Cost | 92,510$ | 92,302$ | 92,330$ | |||
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 |
540,000$ |
21.6% |
610,000$ |
24.4% |
690,000$ |
27.6% |
|---|---|---|---|---|---|---|
| Net Revenue | 101,315$ | 101,315$ | 101,315$ | |||
| Mortgage Annual Cost | 92,510$ | 92,302$ | 92,330$ | |||
| Cash Flow | 8,805$ | 9,013$ | 8,985$ | |||
| Capital Reimbursement | 12,091$ | 14,814$ | 18,197$ | |||
| Cash Flow + Capital | 20,896$ | 23,827$ | 27,182$ | |||
| Return on Cash Flow | 1.63% | 1.47% | 1.3% | |||
| Return on Investment | 3.86% | 3.9% | 3.93% | |||
| G.R.M. | 16.59 | 16.59 | 16.59 | |||
| N.R.M. | 24.68 | 24.68 | 24.68 | |||
| Cost per Unit | 208,333$ | 208,333$ | 208,333$ | |||
| Cap. Rate | 4.05% | 4.05% | 4.05% | |||
| Debt Coverage | 1.1 | 78.4% | 1.1 | 75.6% | 1.1 | 72.4% |
| - 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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