LISTED PRICE |
2,750,000$ |
2,750,000$ |
2,750,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 2,750,000$ | 100% | 2,750,000$ | 100% | 2,750,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
2,750,000$ |
100% |
2,750,000$ |
100% |
2,750,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | ||||
1st MORTGAGE AMOUNT |
2,218,000$ |
80.7% |
1,725,000$ |
62.7% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | ||||
| Rate | 3.7% | 3.75% | % | |||
| Amortization | 40 | 40 | ||||
| Term | 5 | 5 | ||||
| Maturity Date | ||||||
| Monthly Payment | 8,822$ | 6,913$ | 0$ | |||
| Interest Cost | 81,025$ | 63,864$ | 0$ | |||
| Capital Payment | 24,843$ | 19,093$ | 0$ | |||
| Annual Mortgage Cost | 105,868$ | 82,957$ | 0$ | |||
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 |
532,000$ |
19.3% |
1,025,000$ |
37.3% |
2,750,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 108,072$ | 108,072$ | 108,072$ | |||
| Mortgage Annual Cost | 105,868$ | 82,957$ | 0$ | |||
| Cash Flow | 2,203$ | 25,115$ | 108,072$ | |||
| Capital Reimbursement | 24,843$ | 19,093$ | 0$ | |||
| Cash Flow + Capital | 27,046$ | 44,208$ | 108,072$ | |||
| Return on Cash Flow | 0.41% | 2.45% | 3.92% | |||
| Return on Investment | 5.08% | 4.31% | 3.92% | |||
| G.R.M. | 16.17 | 16.17 | 16.17 | |||
| N.R.M. | 25.45 | 25.45 | 25.45 | |||
| Cost per Unit | 343,750$ | 343,750$ | 343,750$ | |||
| Cap. Rate | 3.92% | 3.92% | 3.92% | |||
| Debt Coverage | 1.02 | 80.7% | 1.3 | 62.7% | 0 | 0% |
| - Option 1: New CMHC MLI Select financing with the energy efficiency criteria (50 pts). - Option 2: New regular CMHC financing. |
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