TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 457932.4451$ |
IRR: 5.269906911% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 56.6955119$ |
| Cap Rate : 4.162281981% | Cash on Cash : 0.89141464% | Return on Investment : 0.026436443% | |
| Economic Value : 572835.2605 $ | Minimal Occupancy Ratio : 95.58476136% | Net Income Multiplier : 24.02528239 | |
| 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 | 1616.110036 | 2144.686036 | 2680.376176 | 3223.274453 | 3773.476087 | 4331.077542 | 4896.176539 | 5468.872073 | 6049.264428 | 6637.455196 |
| Principal paid | 6061.98349 | 6431.158285 | 6822.815825 | 7238.325308 | 7679.13932 | 8146.798904 | 8642.938957 | 9169.29394 | 9727.703941 | 10320.12111 |
| Sub-Total | 7678.093527 | 8575.844321 | 9503.192001 | 10461.59976 | 11452.61541 | 12477.87645 | 13539.1155 | 14638.16601 | 15776.96837 | 16957.57631 |
| Capital appreciation | 18370 | 18737.4 | 19112.148 | 19494.39096 | 19884.27878 | 20281.96435 | 20687.60364 | 21101.35571 | 21523.38283 | 21953.85049 |
| Total Equity | 26048.09353 | 27313.24432 | 28615.34 | 29955.99072 | 31336.89419 | 32759.8408 | 34226.71914 | 35739.52173 | 37300.3512 | 38911.42679 |
| Cumulative Equity | 26048.09353 | 53361.33785 | 81976.67785 | 111932.6686 | 143269.5628 | 176029.4036 | 210256.1227 | 245995.6444 | 283295.9956 | 322207.4224 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 2896.254545 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 59520 | ||
| Vacancy/Bad debt | 1011.84 | ||
| Effective gross income | 58508.16$ | ||
| Operating expenses | 21777.6 $ | ||
| Operating expenses according to CMHC | 20277.6 $ | ||
| Net Income | 36730.56 | ||
| Net Income according to CMHC | 38230.56 | ||
| Annual mortgage cost | 34755.05455 | ||
| Annual cash flow | 0.89141464 | ||
| 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: 21777.6 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 36730.56 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 59520 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 572835.2605 $ | 9% tax on CMHC loan premium | 2344.471512 $ |
| 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 | |