TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 502358.3516$ |
IRR: 5.223452214% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 61.44245335$ |
| Cap Rate : 4.134844135% | Cash on Cash : 0.880617716% | Return on Investment : 0.026081527% | |
| Economic Value : 619552.0412 $ | Minimal Occupancy Ratio : 96.10260859% | Net Income Multiplier : 24.18470848 | |
| 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 | 1747.909636 | 2321.449636 | 2902.725736 | 3491.840306 | 4088.897052 | 4694.001033 | 5307.25868 | 5928.777813 | 6558.667657 | 7197.038865 |
| Principal paid | 6556.360099 | 6955.642429 | 7379.241053 | 7828.636833 | 8305.400817 | 8811.199726 | 9347.80179 | 9917.082919 | 10521.03327 | 11161.76419 |
| Sub-Total | 8304.269736 | 9277.092066 | 10281.96679 | 11320.47714 | 12394.29787 | 13505.20076 | 14655.06047 | 15845.86073 | 17079.70093 | 18358.80306 |
| Capital appreciation | 19999.98 | 20399.9796 | 20807.97919 | 21224.13878 | 21648.62155 | 22081.59398 | 22523.22586 | 22973.69038 | 23433.16419 | 23901.82747 |
| Total Equity | 28304.24974 | 29677.07167 | 31089.94598 | 32544.61592 | 34042.91942 | 35586.79474 | 37178.28633 | 38819.55111 | 40512.86511 | 42260.63053 |
| Cumulative Equity | 28304.24974 | 57981.3214 | 89071.26738 | 121615.8833 | 155658.8027 | 191245.5975 | 228423.8838 | 267243.4349 | 307756.3 | 350016.9305 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 3132.454545 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 64800 | ||
| Vacancy/Bad debt | 777.6 | ||
| Effective gross income | 64022.4$ | ||
| Operating expenses | 24774 $ | ||
| Operating expenses according to CMHC | 22674 $ | ||
| Net Income | 39248.4 | ||
| Net Income according to CMHC | 41348.4 | ||
| Annual mortgage cost | 37589.45455 | ||
| Annual cash flow | 0.880617716 | ||
| 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: 24774 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 39248.4 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 64800 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 619552.0412 $ | 9% tax on CMHC loan premium | 2535.671617 $ |
| 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 | |