LISTED PRICE |
1,325,000$ |
1,325,000$ |
1,325,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 1,325,000$ | 100% | 1,325,000$ | 100% | 1,325,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
1,325,000$ |
100% |
1,325,000$ |
100% |
1,325,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (50 pts) | CMHC (regular) | |||
1st MORTGAGE AMOUNT |
850,000$ |
64.2% |
790,000$ |
59.6% |
670,000$ |
50.6% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | CMHC (regular) | |||
| Rate | 4.4% | 4.4% | 4.4% | |||
| Amortization | 50 | 40 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 3,484$ | 3,481$ | 2,952$ | |||
| Interest Cost | 36,966$ | 34,297$ | 29,088$ | |||
| Capital Payment | 4,840$ | 7,473$ | 6,338$ | |||
| Annual Mortgage Cost | 41,806$ | 41,770$ | 35,426$ | |||
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 |
475,000$ |
35.8% |
535,000$ |
40.4% |
655,000$ |
49.4% |
|---|---|---|---|---|---|---|
| Net Revenue | 45,912$ | 45,912$ | 45,912$ | |||
| Mortgage Annual Cost | 41,806$ | 41,770$ | 35,426$ | |||
| Cash Flow | 4,107$ | 4,142$ | 10,487$ | |||
| Capital Reimbursement | 4,840$ | 7,473$ | 6,338$ | |||
| Cash Flow + Capital | 8,947$ | 11,615$ | 16,825$ | |||
| Return on Cash Flow | 0.86% | 0.77% | 1.6% | |||
| Return on Investment | 1.88% | 2.17% | 2.56% | |||
| G.R.M. | 18.73 | 18.73 | 18.73 | |||
| N.R.M. | 28.86 | 28.86 | 28.86 | |||
| Cost per Unit | 265,000$ | 265,000$ | 265,000$ | |||
| Cap. Rate | 3.46% | 3.46% | 3.46% | |||
| Debt Coverage | 1.1 | 64.2% | 1.1 | 59.6% | 1.3 | 50.6% |
| - Option 1: New CMHC MLI Select 100 points financing (energy efficiency and/or affordability). - Option 2: New CMHC MLI Select 50 points financing (energy efficiency and/or affordability). - Option 3: New regular CMHC financing. |
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