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 | 181,401$ | 181,401$ | 181,401$ | |||
| Mortgage Annual Cost | 161,102$ | 139,459$ | 164,283$ | |||
| Cash Flow | 20,299$ | 41,942$ | 17,119$ | |||
| Capital Reimbursement | 36,365$ | 29,701$ | 23,661$ | |||
| Cash Flow + Capital | 56,664$ | 71,643$ | 40,780$ | |||
| Return on Cash Flow | 2.61% | 3.26% | 3.42% | |||
| Return on Investment | 7.31% | 5.57% | 8.15% | |||
| G.R.M. | 15.54 | 15.54 | 15.54 | |||
| N.R.M. | 22.6 | 22.6 | 22.6 | |||
| 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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