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 |
4,850,000$ |
76.7% |
4,675,000$ |
73.9% |
4,450,000$ |
70.4% |
|---|---|---|---|---|---|---|
| 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 | 18,601$ | 18,582$ | 18,507$ | |||
| Interest Cost | 191,836$ | 184,771$ | 175,697$ | |||
| Capital Payment | 31,377$ | 38,209$ | 46,390$ | |||
| Annual Mortgage Cost | 223,214$ | 222,979$ | 222,087$ | |||
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 |
1,475,000$ |
23.3% |
1,650,000$ |
26.1% |
1,875,000$ |
29.6% |
|---|---|---|---|---|---|---|
| Net Revenue | 244,496$ | 244,496$ | 244,496$ | |||
| Mortgage Annual Cost | 223,214$ | 222,979$ | 222,087$ | |||
| Cash Flow | 21,282$ | 21,516$ | 22,409$ | |||
| Capital Reimbursement | 31,377$ | 38,209$ | 46,390$ | |||
| Cash Flow + Capital | 52,659$ | 59,725$ | 68,799$ | |||
| Return on Cash Flow | 1.44% | 1.3% | 1.19% | |||
| Return on Investment | 3.57% | 3.61% | 3.66% | |||
| G.R.M. | 16.85 | 16.85 | 16.85 | |||
| N.R.M. | 25.87 | 25.87 | 25.87 | |||
| Cost per Unit | 225,893$ | 225,893$ | 225,893$ | |||
| Cap. Rate | 3.86% | 3.86% | 3.86% | |||
| Debt Coverage | 1.1 | 76.7% | 1.1 | 73.9% | 1.1 | 70.4% |
| - 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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