TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 764156.8935$ |
IRR: 4.400767887% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 72.03566734$ |
| Cap Rate : 3.613989744% | Cash on Cash : 0.678730781% | Return on Investment : 0.020336668% | |
| Economic Value : 739160.3294 $ | Minimal Occupancy Ratio : 96.09343394% | Net Income Multiplier : 27.67025008 | |
| 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 | 2085.354218 | 2750.503218 | 3424.451701 | 4107.31451 | 4799.207976 | 5500.24993 | 6210.559726 | 6930.25826 | 7659.467991 | 8398.312958 |
| Principal paid | 7822.105276 | 8298.471487 | 8803.848401 | 9340.002769 | 9908.808937 | 10512.2554 | 11152.45176 | 11831.63607 | 12552.1827 | 13316.61063 |
| Sub-Total | 9907.459494 | 11048.97471 | 12228.3001 | 13447.31728 | 14708.01691 | 16012.50533 | 17363.01148 | 18761.89433 | 20211.65069 | 21714.92359 |
| Capital appreciation | 27300 | 27846 | 28402.92 | 28970.9784 | 29550.39797 | 30141.40593 | 30744.23405 | 31359.11873 | 31986.3011 | 32626.02712 |
| Total Equity | 37207.45949 | 38894.97471 | 40631.2201 | 42418.29568 | 44258.41488 | 46153.91126 | 48107.24553 | 50121.01305 | 52197.9518 | 54340.95071 |
| Cumulative Equity | 37207.45949 | 76102.4342 | 116733.6543 | 159151.95 | 203410.3649 | 249564.2761 | 297671.5216 | 347792.5347 | 399990.4865 | 454331.4372 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 3737.193939 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 69360 | ||
| Vacancy/Bad debt | 624.24 | ||
| Effective gross income | 68735.76$ | ||
| Operating expenses | 21104.8 $ | ||
| Operating expenses according to CMHC | 19404.8 $ | ||
| Net Income | 47630.96 | ||
| Net Income according to CMHC | 49330.96 | ||
| Annual mortgage cost | 44846.32727 | ||
| Annual cash flow | 0.678730781 | ||
| 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: 21104.8 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 47630.96 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 69360 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 739160.3294 $ | 9% tax on CMHC loan premium | 3025.198438 $ |
| 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 | |