LISTED PRICE |
4,100,000$ |
4,100,000$ |
4,100,000$ |
|||
---|---|---|---|---|---|---|
Purchase Price (estimated) | 4,100,000$ | 100% | 4,100,000$ | 100% | 4,100,000$ | 100% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
4,100,000$ |
100% |
4,100,000$ |
100% |
4,100,000$ |
100% |
---|---|---|---|---|---|---|
Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | CMHC MLI Select (100 pts) |
1st MORTGAGE AMOUNT |
3,325,000$ |
81.1% |
2,815,000$ |
68.7% |
3,600,000$ |
87.8% |
---|---|---|---|---|---|---|
Lender | CMHC MLI Select | CMHC (regular) | CMHC MLI Select | |||
Rate | 3.8% | 3.95% | 3.95% | |||
Amortization | 40 | 40 | 50 | |||
Term | 5 | 5 | 5 | |||
Maturity Date | ||||||
Monthly Payment | 13,425$ | 11,622$ | 13,690$ | |||
Interest Cost | 124,737$ | 109,759$ | 140,622$ | |||
Capital Payment | 36,365$ | 29,701$ | 23,661$ | |||
Annual Mortgage Cost | 161,102$ | 139,459$ | 164,283$ |
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 |
775,000$ |
18.9% |
1,285,000$ |
31.3% |
500,000$ |
12.2% |
---|---|---|---|---|---|---|
Net Revenue | 181,346$ | 181,346$ | 181,346$ | |||
Mortgage Annual Cost | 161,102$ | 139,459$ | 164,283$ | |||
Cash Flow | 20,244$ | 41,887$ | 17,063$ | |||
Capital Reimbursement | 36,365$ | 29,701$ | 23,661$ | |||
Cash Flow + Capital | 56,609$ | 71,588$ | 40,724$ | |||
Return on Cash Flow | 2.61% | 3.25% | 3.41% | |||
Return on Investment | 7.3% | 5.57% | 8.14% | |||
G.R.M. | 15.54 | 15.54 | 15.54 | |||
N.R.M. | 22.61 | 22.61 | 22.61 | |||
Cost per Unit | 241,176$ | 241,176$ | 241,176$ | |||
Cap. Rate | 4.42% | 4.42% | 4.42% | |||
Debt Coverage | 1.13 | 81.1% | 1.3 | 68.7% | 1.1 | 87.8% |
- Option 1: New CMHC MLI Select financing with the energy efficiency criteria (50 points). - Option 2: New regular CMHC financing. - Option 3: New CMHC MLI Select financing with the energy efficiency and affordability criteria (100 points). |
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