TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 382627.5948$ |
IRR: 3.851123867% | Debt Coverage Ratio: 1.2 | Cashflow/Door/Month 43.76507346$ |
| Cap Rate : 3.143155259% | Cash on Cash : 0.960794836% | Return on Investment : 0.01665224% | |
| Economic Value : 272125.4106 $ | Minimal Occupancy Ratio : 91.75222841% | Net Income Multiplier : 31.81516399 | |
| 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 | 2298.523958 | 2593.013958 | 2891.776546 | 3194.871043 | 3502.357572 | 3814.297067 | 4130.751284 | 4451.782812 | 4777.455083 | 5107.832386 |
| Principal paid | 2036.272696 | 2160.281703 | 2291.842859 | 2431.416089 | 2579.489329 | 2736.580229 | 2903.237965 | 3080.045157 | 3267.619907 | 3466.61796 |
| Sub-Total | 4334.796655 | 4753.295662 | 5183.619405 | 5626.287132 | 6081.846901 | 6550.877296 | 7033.989249 | 7531.827969 | 8045.07499 | 8574.450345 |
| Capital appreciation | 11980 | 12219.6 | 12463.992 | 12713.27184 | 12967.53728 | 13226.88802 | 13491.42578 | 13761.2543 | 14036.47938 | 14317.20897 |
| Total Equity | 16314.79665 | 16972.89566 | 17647.61141 | 18339.55897 | 19049.38418 | 19777.76532 | 20525.41503 | 21293.08227 | 22081.55437 | 22891.65932 |
| Cumulative Equity | 16314.79665 | 33287.69232 | 50935.30372 | 69274.86269 | 88324.24687 | 108102.0122 | 128627.4272 | 149920.5095 | 172002.0639 | 194893.7232 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 1307.465278 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 43800 | ||
| Vacancy/Bad debt | 1314 | ||
| Effective gross income | 42486$ | ||
| Operating expenses | 25458.5 $ | ||
| Operating expenses according to CMHC | 23658.5 $ | ||
| Net Income | 17027.5 | ||
| Net Income according to CMHC | 18827.5 | ||
| Annual mortgage cost | 15689.58333 | ||
| Annual cash flow | 0.960794836 | ||
| 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: 25458.5 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 17027.5 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 43800 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 272125.4106 $ | 9% tax on CMHC loan premium | 1113.741274 $ |
| 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 | |