TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 608187.1752$ |
IRR: 6.162304166% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 92.64359428$ |
| Cap Rate : 5.587268393% | Cash on Cash : 1.096757554% | Return on Investment : 0.03301222% | |
| Economic Value : 957144.8522 $ | Minimal Occupancy Ratio : 96.054947% | Net Income Multiplier : 21.60332015 | |
| Area's Cap Rate (Laval, G5A) : % | |||
| Offered Price: | |||
| Pourcentage logements vacants | |||
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash flow | 2700.342505 | 3552.066005 | 4414.9684 | 5289.194749 | 6174.89198 | 7072.208908 | 7981.296264 | 8902.306719 | 9835.394906 | 10780.71745 |
| Principal paid | 10128.90912 | 10745.75968 | 11400.17645 | 12094.44719 | 12830.99903 | 13612.40687 | 14441.40245 | 15320.88385 | 16253.92568 | 17243.78975 |
| Sub-Total | 12829.25162 | 14297.82569 | 15815.14485 | 17383.64194 | 19005.89101 | 20684.61577 | 22422.69871 | 24223.19057 | 26089.32059 | 28024.5072 |
| Capital appreciation | 27600 | 28152 | 28715.04 | 29289.3408 | 29875.12762 | 30472.63017 | 31082.08277 | 31703.72443 | 32337.79892 | 32984.55489 |
| Total Equity | 40429.25162 | 42449.82569 | 44530.18485 | 46672.98274 | 48881.01862 | 51157.24594 | 53504.78148 | 55926.915 | 58427.1195 | 61009.0621 |
| Cumulative Equity | 40429.25162 | 82879.07731 | 127409.2622 | 174082.2449 | 222963.2635 | 274120.5095 | 327625.2909 | 383552.2059 | 441979.3254 | 502988.3875 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 4839.323485 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 85860 | ||
| Vacancy/Bad debt | 686.88 | ||
| Effective gross income | 85173.12$ | ||
| Operating expenses | 22894.05 $ | ||
| Operating expenses according to CMHC | 21294.05 $ | ||
| Net Income | 62279.07 | ||
| Net Income according to CMHC | 63879.07 | ||
| Annual mortgage cost | 58071.88182 | ||
| Annual cash flow | 1.096757554 | ||
| OPERATING EXPENSES | |
|---|---|
| Municipal and school taxes : | Insurance: |
| Electricity: | Heating oil: |
| Natural gas: | Snow removal |
| Equipment rental: | Lawn: |
| Internet: | Cable: |
| Other: | Number of Elevators: |
| Number of Household Appliances: | Number of Heat Pumps: |
| Annual expenses yearly increase: | |
| STANDARDIZED EXPENDITURES CMHC 2023 | |
|---|---|
| Maintenance : $ | Janitor : $ |
| Management : $ | Management (Percentage) : % |
| Elevator : $ | Household appliances : $ |
| Heat pumps : $ | |
| TOTAL OPERATING EXPENSES: 22894.05 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 62279.07 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 85860 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 957144.8522 $ | 9% tax on CMHC loan premium | 3917.354594 $ |
| Mortgage amount | 231 814 $ | Subscription fees | 900 $ |
| Required down payment | 43 186 $ | Environmental analysis - Phase 1 | 1 500 $ |
| Other acquisition fees | 9 119 $ | Transfer fee | 2 528 $ |
| Total cash required | 52 305 $ | Notary & Inspection fees | 3 200 $ |
| 9 119 $ | |||
| COMPARABLE SOLD PROPERTIES | 12 months | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Address | Selling Price | Economic Value | Net Cash flow | ROI | NIM | Cap Rate | ||||||
| 16A Rue Laure-Conan, La Malbaie | $335 000 | $359 690 | 3 471 $ | 19.42% | 18.5 | 5.4% | ||||||
| AVERAGE | 500 000 $ | 497 859 $ | 3 564 $ | 19.22% | 17.4% | 19.7 | 5.1% | |||||
| 10-year Analysis | ||
|---|---|---|
| Actual Average Rent : | 515 $ | |
| IRR: | 19.42% | |
| Cashflow/Door/Month : | 66 $ | |
| Cap Rate : | 5.4% | |
| Return on Investment : | 19.4% | |
| Net Income Multiplier : | 18.5 | |
| Cash on Cash : | 7.8% | |
| Walk Score | Transit Score | Bike Score |
| 60 | 90 | 100 |
| APARTMENT | TYPE | RENT | HEATING |
|---|---|---|---|
| 1 | 4-1/2 | 900 $ | 1 |
| 1 | 4-1/2 | 900 $ | 1 |
| 1 | 4-1/2 | 900 $ | 1 |
OPTIMIZATION POTENTIAL ANALYSIS
| Unit | Actual average Rent | Average Rent for the Area (G5A) | Maximum Rent |
|---|---|---|---|
| Rooms | Germany | Germany | Germany |
| Lofts | Germany | Germany | Germany |
| 1-1/2 | Germany | Germany | Germany |
| 2-1/2 | Germany | Germany | Germany |
| 3-1/2 | Germany | Germany | Germany |
| 4-1/2 | Germany | Germany | Germany |
| 5-1/2 | Germany | Germany | Germany |
| 6-1/2 | Germany | Germany | Germany |
| 7-1/2 | Germany | Germany | Germany |
| Others | Germany | Germany | Germany |
| ACTUAL REVENUE ( All Apartments Occupied) |
|---|
| 37 080 $ |
| OPTIMIZATION - MINIMAL GOAL |
| 37 595 $ |
| OPTIMIZATION - IDEAL GOAL |
| 105 900 $ |
| IMPACT ON ECONOMIC VALUE | |
|---|---|
| Économic Value at time of purchase : | 359 690 $ |
| Économic Value after Optimization : | 1 588 232 $ |
| Increase of Economic Value : | 1 228 542 $ |
| Additional Potential Borrowing on Capital : | 859 979 $ |
| OTHER AREAS OF OPTIMIZATION | |
|---|---|
| Actual Situation | |
| Wifi supplied | |
| Heating Paid by Owner | |
| Storage Space Fee | |
| Parking Space Fee | |
| Laundry Room Fee | |
| Rented Hot Water Tank | |
| Property Renovated | |