LISTED PRICE |
6,325,000$ |
6,325,000$ |
6,325,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 6,325,000$ | 100% | 6,325,000$ | 100% | 6,325,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
6,325,000$ |
100% |
6,325,000$ |
100% |
6,325,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (70 pts) | CMHC MLI Select (50 pts) | |||
1st MORTGAGE AMOUNT |
4,900,000$ |
77.5% |
4,750,000$ |
75.1% |
4,525,000$ |
71.5% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC MLI Select | |||
| Rate | 4% | 4% | 4% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 18,793$ | 18,880$ | 18,819$ | |||
| Interest Cost | 193,814$ | 187,735$ | 178,658$ | |||
| Capital Payment | 31,701$ | 38,822$ | 47,171$ | |||
| Annual Mortgage Cost | 225,515$ | 226,556$ | 225,830$ | |||
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 |
1,425,000$ |
22.5% |
1,575,000$ |
24.9% |
1,800,000$ |
28.5% |
|---|---|---|---|---|---|---|
| Net Revenue | 248,894$ | 248,894$ | 248,894$ | |||
| Mortgage Annual Cost | 225,515$ | 226,556$ | 225,830$ | |||
| Cash Flow | 23,379$ | 22,338$ | 23,065$ | |||
| Capital Reimbursement | 31,701$ | 38,822$ | 47,171$ | |||
| Cash Flow + Capital | 55,080$ | 61,160$ | 70,236$ | |||
| Return on Cash Flow | 1.64% | 1.41% | 1.28% | |||
| Return on Investment | 3.86% | 3.88% | 3.9% | |||
| G.R.M. | 16.85 | 16.85 | 16.85 | |||
| N.R.M. | 25.41 | 25.41 | 25.41 | |||
| Cost per Unit | 225,893$ | 225,893$ | 225,893$ | |||
| Cap. Rate | 3.93% | 3.93% | 3.93% | |||
| Debt Coverage | 1.1 | 77.5% | 1.1 | 75.1% | 1.1 | 71.5% |
| - Option 1: New CMHC MLI Select 100 points financing (energy efficiency and/or affordability). - Option 2: New CMHC MLI Select 70 points financing (energy efficiency and/or affordability). - Option 3: New CMHC MLI Select 50 points financing (energy efficiency or affordability). |
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