TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 609993.7346$ |
IRR: 7.573244364% | Debt Coverage Ratio: 1.2 | Cashflow/Door/Month 104.7449555$ |
| Cap Rate : 5.201597492% | Cash on Cash : 2.472693198% | Return on Investment : 0.044198145% | |
| Economic Value : 1199150.992 $ | Minimal Occupancy Ratio : 91.52013688% | Net Income Multiplier : 19.22486316 | |
| 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 | 9679.306 | 10837.372 | 12011.1238 | 13200.76957 | 14406.52021 | 15628.58937 | 16867.1935 | 18122.55188 | 19394.88665 | 20684.42287 |
| Principal paid | 8973.062895 | 9519.522425 | 10099.26134 | 10714.30636 | 11366.80761 | 12059.0462 | 12793.44211 | 13572.56274 | 14399.13181 | 15276.03893 |
| Sub-Total | 18652.3689 | 20356.89443 | 22110.38514 | 23915.07593 | 25773.32783 | 27687.63557 | 29660.63562 | 31695.11462 | 33794.01846 | 35960.4618 |
| Capital appreciation | 31900 | 32538 | 33188.76 | 33852.5352 | 34529.5859 | 35220.17762 | 35924.58117 | 36643.0728 | 37375.93425 | 38123.45294 |
| Total Equity | 50552.3689 | 52894.89443 | 55299.14514 | 57767.61113 | 60302.91373 | 62907.81319 | 65585.21679 | 68338.18742 | 71169.95271 | 74083.91474 |
| Cumulative Equity | 50552.3689 | 103447.2633 | 158746.4085 | 216514.0196 | 276816.9333 | 339724.7465 | 405309.9633 | 473648.1507 | 544818.1034 | 618902.0182 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 5761.491667 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 132960 | ||
| Vacancy/Bad debt | 1595.52 | ||
| Effective gross income | 131364.48$ | ||
| Operating expenses | 50099 $ | ||
| Operating expenses according to CMHC | 48399 $ | ||
| Net Income | 81265.48 | ||
| Net Income according to CMHC | 82965.48 | ||
| Annual mortgage cost | 69137.9 | ||
| Annual cash flow | 2.472693198 | ||
| 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: 50099 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 81265.48 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 132960 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 1199150.992 $ | 9% tax on CMHC loan premium | 5504.103054 $ |
| 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 | |