TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 509544.9574$ |
IRR: 4.863518762% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 56.88977839$ |
| Cap Rate : 3.916693333% | Cash on Cash : 0.803867055% | Return on Investment : 0.023768479% | |
| Economic Value : 572193.9581 $ | Minimal Occupancy Ratio : 96.53085191% | Net Income Multiplier : 25.53174106 | |
| 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 | 1614.300764 | 2146.168764 | 2685.230324 | 3231.580815 | 3785.316857 | 4346.536329 | 4915.338393 | 5491.823503 | 6076.093429 | 6668.251268 |
| Principal paid | 6055.196959 | 6423.958454 | 6815.177524 | 7230.221835 | 7670.542345 | 8137.678373 | 8633.262986 | 9159.028702 | 9716.81355 | 10308.5675 |
| Sub-Total | 7669.497723 | 8570.127218 | 9500.407847 | 10461.80265 | 11455.8592 | 12484.2147 | 13548.60138 | 14650.85221 | 15792.90698 | 16976.81876 |
| Capital appreciation | 19500 | 19890 | 20287.8 | 20693.556 | 21107.42712 | 21529.57566 | 21960.16718 | 22399.37052 | 22847.35793 | 23304.30509 |
| Total Equity | 27169.49772 | 28460.12722 | 29788.20785 | 31155.35865 | 32563.28632 | 34013.79036 | 35508.76855 | 37050.22272 | 38640.26491 | 40281.12385 |
| Cumulative Equity | 27169.49772 | 55629.62494 | 85417.83279 | 116573.1914 | 149136.4778 | 183150.2681 | 218659.0367 | 255709.2594 | 294349.5243 | 334630.6482 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 2893.012121 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 60480 | ||
| Vacancy/Bad debt | 483.84 | ||
| Effective gross income | 59996.16$ | ||
| Operating expenses | 23601.4 $ | ||
| Operating expenses according to CMHC | 21808.4 $ | ||
| Net Income | 36394.76 | ||
| Net Income according to CMHC | 38187.76 | ||
| Annual mortgage cost | 34716.14545 | ||
| Annual cash flow | 0.803867055 | ||
| 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: 23601.4 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 36394.76 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 60480 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 572193.9581 $ | 9% tax on CMHC loan premium | 2341.846822 $ |
| 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 | |