LISTED PRICE |
2,595,000$ |
2,595,000$ |
2,595,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 2,595,000$ | 100% | 2,595,000$ | 100% | 2,595,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
2,595,000$ |
100% |
2,595,000$ |
100% |
2,595,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (70 pts) | CMHC MLI Select (50 pts) | |||
1st MORTGAGE AMOUNT |
2,100,000$ |
80.9% |
2,025,000$ |
78% |
1,940,000$ |
74.8% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC MLI Select | |||
| Rate | 4% | 4% | 4% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 8,054$ | 8,049$ | 8,068$ | |||
| Interest Cost | 83,063$ | 80,034$ | 76,596$ | |||
| Capital Payment | 13,586$ | 16,550$ | 20,224$ | |||
| Annual Mortgage Cost | 96,649$ | 96,585$ | 96,820$ | |||
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 |
495,000$ |
19.1% |
570,000$ |
22% |
655,000$ |
25.2% |
|---|---|---|---|---|---|---|
| Net Revenue | 106,430$ | 106,430$ | 106,430$ | |||
| Mortgage Annual Cost | 96,649$ | 96,585$ | 96,820$ | |||
| Cash Flow | 9,781$ | 9,845$ | 9,610$ | |||
| Capital Reimbursement | 13,586$ | 16,550$ | 20,224$ | |||
| Cash Flow + Capital | 23,367$ | 26,395$ | 29,834$ | |||
| Return on Cash Flow | 1.97% | 1.72% | 1.46% | |||
| Return on Investment | 4.72% | 4.63% | 4.55% | |||
| G.R.M. | 16.95 | 16.95 | 16.95 | |||
| N.R.M. | 24.38 | 24.38 | 24.38 | |||
| Cost per Unit | 216,250$ | 216,250$ | 216,250$ | |||
| Cap. Rate | 4.1% | 4.1% | 4.1% | |||
| Debt Coverage | 1.1 | 80.9% | 1.1 | 78% | 1.1 | 74.8% |
| - 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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