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 |
1,840,000$ |
73.6% |
1,780,000$ |
71.2% |
1,725,000$ |
69% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC MLI Select | |||
| Rate | 4.5% | 4.5% | 4.5% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 7,664$ | 7,645$ | 7,709$ | |||
| Interest Cost | 81,829$ | 79,103$ | 76,584$ | |||
| Capital Payment | 10,144$ | 12,641$ | 15,922$ | |||
| Annual Mortgage Cost | 91,973$ | 91,744$ | 92,506$ | |||
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 |
660,000$ |
26.4% |
720,000$ |
28.8% |
775,000$ |
31% |
|---|---|---|---|---|---|---|
| Net Revenue | 101,315$ | 101,315$ | 101,315$ | |||
| Mortgage Annual Cost | 91,973$ | 91,744$ | 92,506$ | |||
| Cash Flow | 9,342$ | 9,571$ | 8,808$ | |||
| Capital Reimbursement | 10,144$ | 12,641$ | 15,922$ | |||
| Cash Flow + Capital | 19,486$ | 22,212$ | 24,730$ | |||
| Return on Cash Flow | 1.41% | 1.32% | 1.13% | |||
| Return on Investment | 2.95% | 3.08% | 3.19% | |||
| 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 | 73.6% | 1.1 | 71.2% | 1.1 | 69% |
| - 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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