TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 61077.23175$ |
IRR: 36.45362926% | Debt Coverage Ratio: 1.2 | Cashflow/Door/Month 59.07518353$ |
| Cap Rate : 7.695151335% | Cash on Cash : 8.124656725% | Return on Investment : 0.142030484% | |
| Economic Value : 374820.6479 $ | Minimal Occupancy Ratio : 91.05014457% | Net Income Multiplier : 12.99519602 | |
| 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 | 3165.945575 | 3550.368575 | 3940.19951 | 4335.512006 | 4736.380668 | 5142.881097 | 5555.089899 | 5973.0847 | 6396.944158 | 6826.747979 |
| Principal paid | 2804.725402 | 2975.533179 | 3156.743149 | 3348.988807 | 3552.942225 | 3769.316407 | 3998.867776 | 4242.398824 | 4500.760912 | 4774.857251 |
| Sub-Total | 5970.670977 | 6525.901754 | 7096.942659 | 7684.500813 | 8289.322894 | 8912.197504 | 9553.957675 | 10215.48352 | 10897.70507 | 11601.60523 |
| Capital appreciation | 6740 | 6874.8 | 7012.296 | 7152.54192 | 7295.592758 | 7441.504614 | 7590.334706 | 7742.1414 | 7896.984228 | 8054.923913 |
| Total Equity | 12710.67098 | 13400.70175 | 14109.23866 | 14837.04273 | 15584.91565 | 16353.70212 | 17144.29238 | 17957.62492 | 18794.6893 | 19656.52914 |
| Cumulative Equity | 12710.67098 | 26111.37273 | 40220.61139 | 55057.65412 | 70642.56977 | 86996.27189 | 104140.5643 | 122098.1892 | 140892.8785 | 160549.4076 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 1800.879167 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 51480 | ||
| Vacancy/Bad debt | 1441.44 | ||
| Effective gross income | 50038.56$ | ||
| Operating expenses | 25505.9 $ | ||
| Operating expenses according to CMHC | 24105.9 $ | ||
| Net Income | 24532.66 | ||
| Net Income according to CMHC | 25932.66 | ||
| Annual mortgage cost | 21610.55 | ||
| Annual cash flow | 8.124656725 | ||
| 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: 25505.9 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 24532.66 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 51480 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 374820.6479 $ | 9% tax on CMHC loan premium | 1379.25675 $ |
| 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 | |