LISTED PRICE |
5,900,000$ |
5,900,000$ |
5,900,000$ |
|||
|---|---|---|---|---|---|---|
| Purchase Price (estimated) | 5,900,000$ | 100% | 5,900,000$ | 100% | 5,900,000$ | 100% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
| Other Cost | 0$ | 0% | 0$ | 0% | 0$ | 0% |
PURCHASE PRICE |
5,900,000$ |
100% |
5,900,000$ |
100% |
5,900,000$ |
100% |
|---|---|---|---|---|---|---|
| Financing Type | CMHC MLI Select (100 pts) | CMHC MLI Select (70 pts) | CMHC MLI Select (50 pts) | |||
1st MORTGAGE AMOUNT |
4,200,000$ |
71.2% |
4,050,000$ |
68.6% |
3,900,000$ |
66.1% |
|---|---|---|---|---|---|---|
| Lender | CMHC MLI Select | CMHC MLI Select | CMHC MLI Select | |||
| Rate | 4.25% | 4.25% | 4.25% | |||
| Amortization | 50 | 45 | 40 | |||
| Term | 5 | 5 | 5 | |||
| Maturity Date | ||||||
| Monthly Payment | 16,796$ | 16,741$ | 16,820$ | |||
| Interest Cost | 176,459$ | 170,029$ | 163,568$ | |||
| Capital Payment | 25,095$ | 30,866$ | 38,268$ | |||
| Annual Mortgage Cost | 201,554$ | 200,895$ | 201,836$ | |||
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 |
1,700,000$ |
28.8% |
1,850,000$ |
31.4% |
2,000,000$ |
33.9% |
|---|---|---|---|---|---|---|
| Net Revenue | 221,610$ | 221,610$ | 221,610$ | |||
| Mortgage Annual Cost | 201,554$ | 200,895$ | 201,836$ | |||
| Cash Flow | 20,056$ | 20,714$ | 19,774$ | |||
| Capital Reimbursement | 25,095$ | 30,866$ | 38,268$ | |||
| Cash Flow + Capital | 45,151$ | 51,580$ | 58,042$ | |||
| Return on Cash Flow | 1.17% | 1.11% | 0.98% | |||
| Return on Investment | 2.65% | 2.78% | 2.9% | |||
| G.R.M. | 18.05 | 18.05 | 18.05 | |||
| N.R.M. | 26.62 | 26.62 | 26.62 | |||
| Cost per Unit | 245,833$ | 245,833$ | 245,833$ | |||
| Cap. Rate | 3.75% | 3.75% | 3.75% | |||
| Debt Coverage | 1.1 | 71.2% | 1.1 | 68.6% | 1.1 | 66.1% |
| - 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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