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 |
2,040,000$ |
78.6% |
1,975,000$ |
76.1% |
1,880,000$ |
72.4% |
|---|---|---|---|---|---|---|
| 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 | 7,824$ | 7,850$ | 7,819$ | |||
| Interest Cost | 80,690$ | 78,058$ | 74,227$ | |||
| Capital Payment | 13,198$ | 16,142$ | 19,598$ | |||
| Annual Mortgage Cost | 93,888$ | 94,200$ | 93,825$ | |||
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$ |
21.4% |
620,000$ |
23.9% |
715,000$ |
27.6% |
|---|---|---|---|---|---|---|
| Net Revenue | 103,230$ | 103,230$ | 103,230$ | |||
| Mortgage Annual Cost | 93,888$ | 94,200$ | 93,825$ | |||
| Cash Flow | 9,342$ | 9,030$ | 9,404$ | |||
| Capital Reimbursement | 13,198$ | 16,142$ | 19,598$ | |||
| Cash Flow + Capital | 22,540$ | 25,172$ | 29,002$ | |||
| Return on Cash Flow | 1.68% | 1.45% | 1.31% | |||
| Return on Investment | 4.06% | 4.05% | 4.05% | |||
| G.R.M. | 16.98 | 16.98 | 16.98 | |||
| N.R.M. | 25.14 | 25.14 | 25.14 | |||
| Cost per Unit | 216,250$ | 216,250$ | 216,250$ | |||
| Cap. Rate | 3.97% | 3.97% | 3.97% | |||
| Debt Coverage | 1.1 | 78.6% | 1.1 | 76.1% | 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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