TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 911102.5294$ |
IRR: 4.62982318% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 92.030042$ |
| Cap Rate : 3.776455786% | Cash on Cash : 0.727268645% | Return on Investment : 0.0219315% | |
| Economic Value : 953462.0085 $ | Minimal Occupancy Ratio : 93.86748615% | Net Income Multiplier : 26.47985457 | |
| 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 | 2689.952291 | 3534.524691 | 4390.14581 | 5256.958673 | 6135.10814 | 7024.740935 | 7926.005664 | 8839.05284 | 9764.034911 | 10701.10628 |
| Principal paid | 10089.93572 | 10704.4128 | 11356.31154 | 12047.91091 | 12781.62869 | 13560.02988 | 14385.8357 | 15261.93309 | 16191.38481 | 17177.44015 |
| Sub-Total | 12779.88801 | 14238.93749 | 15746.45735 | 17304.86959 | 18916.73683 | 20584.77081 | 22311.84136 | 24100.98593 | 25955.41973 | 27878.54643 |
| Capital appreciation | 33700 | 34374 | 35061.48 | 35762.7096 | 36477.96379 | 37207.52307 | 37951.67353 | 38710.707 | 39484.92114 | 40274.61956 |
| Total Equity | 46479.88801 | 48612.93749 | 50807.93735 | 53067.57919 | 55394.70062 | 57792.29388 | 60263.51489 | 62811.69293 | 65440.34087 | 68153.16599 |
| Cumulative Equity | 46479.88801 | 95092.8255 | 145900.7629 | 198968.342 | 254363.0427 | 312155.3365 | 372418.8514 | 435230.5444 | 500670.8852 | 568824.0512 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 4820.70303 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 85872 | ||
| Vacancy/Bad debt | 2576.16 | ||
| Effective gross income | 83295.84$ | ||
| Operating expenses | 22862.56 $ | ||
| Operating expenses according to CMHC | 19662.56 $ | ||
| Net Income | 60433.28 | ||
| Net Income according to CMHC | 63633.28 | ||
| Annual mortgage cost | 57848.43636 | ||
| Annual cash flow | 0.727268645 | ||
| 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: 22862.56 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 60433.28 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 85872 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 953462.0085 $ | 9% tax on CMHC loan premium | 3902.281635 $ |
| 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 | |