LISTED PRICE |
1,540,000$ |
1,540,000$ |
1,540,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 1,540,000$ | 100% | 1,540,000$ | 100% | 1,540,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
1,540,000$ |
100% |
1,540,000$ |
100% |
1,540,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (50 pts) | CMHC (regular) | |||
1st MORTGAGE AMOUNT |
980,000$ |
63.6% |
925,000$ |
60.1% |
780,000$ |
50.6% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC (regular) | |||
| Rate | 5% | 5% | 5% | |||
| Amortization | 50 | 40 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 4,415$ | 4,429$ | 3,735$ | |||
| Interest Cost | 48,394$ | 45,606$ | 38,457$ | |||
| Capital Payment | 4,588$ | 7,541$ | 6,359$ | |||
| Annual Mortgage Cost | 52,982$ | 53,147$ | 44,816$ | |||
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 |
560,000$ |
36.4% |
615,000$ |
39.9% |
760,000$ |
49.4% |
|---|---|---|---|---|---|---|
| Net Revenue | 58,306$ | 58,306$ | 58,306$ | |||
| Mortgage Annual Cost | 52,982$ | 53,147$ | 44,816$ | |||
| Cash Flow | 5,324$ | 5,158$ | 13,490$ | |||
| Capital Reimbursement | 4,588$ | 7,541$ | 6,359$ | |||
| Cash Flow + Capital | 9,912$ | 12,699$ | 19,849$ | |||
| Return on Cash Flow | 0.95% | 0.83% | 1.77% | |||
| Return on Investment | 1.76% | 2.06% | 2.61% | |||
| G.R.M. | 19.21 | 19.21 | 19.21 | |||
| N.R.M. | 26.41 | 26.41 | 26.41 | |||
| Cost per Unit | 308,000$ | 308,000$ | 308,000$ | |||
| Cap. Rate | 3.78% | 3.78% | 3.78% | |||
| Debt Coverage | 1.1 | 63.6% | 1.1 | 60.1% | 1.3 | 50.6% |
| - Option 1: New CMHC MLI Select financing with the energy efficiency criteria (100 pts). - Option 2: New CMHC MLI Select financing with the energy efficiency criteria (50 pts). - Option 3: New regular CMHC financing at the prevailing market conditions. |
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