LISTED PRICE |
3,935,000$ |
3,935,000$ |
3,935,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 3,935,000$ | 100% | 3,935,000$ | 100% | 3,935,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
3,935,000$ |
100% |
3,935,000$ |
100% |
3,935,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (50 pts) | CMHC (regular) | CMHC MLI Select (100 pts) | |||
1st MORTGAGE AMOUNT |
3,325,000$ |
84.5% |
2,815,000$ |
71.5% |
3,600,000$ |
91.5% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC (regular) | CMHC MLI Select | |||
| Rate | 3.95% | 3.95% | 3.95% | |||
| Amortization | 40 | 40 | 50 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 13,727$ | 11,622$ | 13,690$ | |||
| Interest Cost | 129,644$ | 109,759$ | 140,622$ | |||
| Capital Payment | 35,081$ | 29,701$ | 23,661$ | |||
| Annual Mortgage Cost | 164,725$ | 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 |
610,000$ |
15.5% |
1,120,000$ |
28.5% |
335,000$ |
8.5% |
|---|---|---|---|---|---|---|
| Net Revenue | 181,401$ | 181,401$ | 181,401$ | |||
| Mortgage Annual Cost | 164,725$ | 139,459$ | 164,283$ | |||
| Cash Flow | 16,676$ | 41,942$ | 17,119$ | |||
| Capital Reimbursement | 35,081$ | 29,701$ | 23,661$ | |||
| Cash Flow + Capital | 51,757$ | 71,643$ | 40,780$ | |||
| Return on Cash Flow | 2.73% | 3.74% | 5.11% | |||
| Return on Investment | 8.48% | 6.39% | 12.17% | |||
| G.R.M. | 14.91 | 14.91 | 14.91 | |||
| N.R.M. | 21.69 | 21.69 | 21.69 | |||
| Cost per Unit | 231,471$ | 231,471$ | 231,471$ | |||
| Cap. Rate | 4.6% | 4.6% | 4.6% | |||
| Debt Coverage | 1.1 | 84.5% | 1.3 | 71.5% | 1.1 | 91.5% |
| - 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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