LISTED PRICE |
1,075,000$ |
1,075,000$ |
1,075,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 1,075,000$ | 100% | 1,075,000$ | 100% | 1,075,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
1,075,000$ |
100% |
1,075,000$ |
100% |
1,075,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | |||||
1st MORTGAGE AMOUNT |
725,000$ |
67.4% |
0$ |
0% |
0$ |
0% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | |||||
| Rate | 4% | % | % | |||
| Amortization | 40 | |||||
| Term | 5 | |||||
| Maturity Date | ||||||
| Monthly Payment | 3,015$ | 0$ | 0$ | |||
| Interest Cost | 28,625$ | 0$ | 0$ | |||
| Capital Payment | 7,558$ | 0$ | 0$ | |||
| Annual Mortgage Cost | 36,183$ | 0$ | 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 |
350,000$ |
32.6% |
1,075,000$ |
100% |
1,075,000$ |
100% |
|---|---|---|---|---|---|---|
| Net Revenue | 39,944$ | 39,944$ | 39,944$ | |||
| Mortgage Annual Cost | 36,183$ | 0$ | 0$ | |||
| Cash Flow | 3,762$ | 39,944$ | 39,944$ | |||
| Capital Reimbursement | 7,558$ | 0$ | 0$ | |||
| Cash Flow + Capital | 11,320$ | 39,944$ | 39,944$ | |||
| Return on Cash Flow | 1.07% | 3.71% | 3.71% | |||
| Return on Investment | 3.23% | 3.71% | 3.71% | |||
| G.R.M. | 18.59 | 18.59 | 18.59 | |||
| N.R.M. | 26.91 | 26.91 | 26.91 | |||
| Cost per Unit | 268,750$ | 268,750$ | 268,750$ | |||
| Cap. Rate | 3.71% | 3.71% | 3.71% | |||
| Debt Coverage | 1.1 | 67.4% | 0 | 0% | 0 | 0% |
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