TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 4006866.762$ |
IRR: 4.199398221% | Debt Coverage Ratio: 1.2 | Cashflow/Door/Month 154.1162816$ |
| Cap Rate : 3.788488921% | Cash on Cash : 1.107735588% | Return on Investment : 0.017580813% | |
| Economic Value : 3666506.445 $ | Minimal Occupancy Ratio : 91.37941758% | Net Income Multiplier : 26.3957483 | |
| 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 | 28539.56 | 31935.77 | 35377.81663 | 38866.30667 | 42401.85486 | 45985.08395 | 49616.6248 | 53297.11653 | 57027.20659 | 60807.55088 |
| Principal paid | 19686.63631 | 20885.55246 | 22157.48261 | 23506.8733 | 24938.44188 | 26457.19299 | 28068.43605 | 29777.8038 | 31591.27205 | 33515.18052 |
| Sub-Total | 48226.19631 | 52821.32246 | 57535.29923 | 62373.17997 | 67340.29675 | 72442.27694 | 77685.06084 | 83074.92033 | 88618.47864 | 94322.7314 |
| Capital appreciation | 139900 | 142698 | 145551.96 | 148462.9992 | 151432.2592 | 154460.9044 | 157550.1225 | 160701.1249 | 163915.1474 | 167193.4504 |
| Total Equity | 188126.1963 | 195519.3225 | 203087.2592 | 210836.1792 | 218772.5559 | 226903.1813 | 235235.1833 | 243776.0452 | 252533.626 | 261516.1817 |
| Cumulative Equity | 188126.1963 | 383645.5188 | 586732.778 | 797568.9572 | 1016341.513 | 1243244.694 | 1478479.878 | 1722255.923 | 1974789.549 | 2236305.731 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 16987.83333 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 384600 | ||
| Vacancy/Bad debt | 4615.2 | ||
| Effective gross income | 379984.8$ | ||
| Operating expenses | 138860 $ | ||
| Operating expenses according to CMHC | 135360 $ | ||
| Net Income | 241124.8 | ||
| Net Income according to CMHC | 244624.8 | ||
| Annual mortgage cost | 203854 | ||
| Annual cash flow | 1.107735588 | ||
| 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: 138860 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 241124.8 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 384600 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 3666506.445 $ | 9% tax on CMHC loan premium | 16829.26458 $ |
| 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 | |