TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 1298038.272$ |
IRR: 5.632131612% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 172.1633014$ |
| Cap Rate : 4.394456492% | Cash on Cash : 0.95496088% | Return on Investment : 0.025051002% | |
| Economic Value : 2031485.354 $ | Minimal Occupancy Ratio : 94.10140933% | Net Income Multiplier : 22.75594267 | |
| 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 | 4685.069091 | 6340.879091 | 8017.839891 | 9716.220408 | 11436.29296 | 13178.33334 | 14942.62079 | 16729.43812 | 18539.07173 | 20371.81162 |
| Principal paid | 15201.29322 | 16127.05198 | 17109.18944 | 18151.13908 | 19256.54345 | 20429.26695 | 21673.4093 | 22993.31993 | 24393.61311 | 25879.18415 |
| Sub-Total | 19886.36231 | 22467.93107 | 25127.02933 | 27867.35949 | 30692.83641 | 33607.60028 | 36616.03009 | 39722.75805 | 42932.68484 | 46250.99577 |
| Capital appreciation | 58637.24 | 59809.9848 | 61006.1845 | 62226.30819 | 63470.83435 | 64740.25104 | 66035.05606 | 67355.75718 | 68702.87232 | 70076.92977 |
| Total Equity | 78523.60231 | 82277.91587 | 86133.21383 | 90093.66767 | 94163.67076 | 98347.85132 | 102651.0861 | 107078.5152 | 111635.5572 | 116327.9255 |
| Cumulative Equity | 78523.60231 | 160801.5182 | 246934.732 | 337028.3997 | 431192.0704 | 529539.9218 | 632191.0079 | 739269.5231 | 850905.0803 | 967233.0058 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 9760.560606 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 151200 | ||
| Vacancy/Bad debt | 4233.6 | ||
| Effective gross income | 146966.4$ | ||
| Operating expenses | 19527 $ | ||
| Operating expenses according to CMHC | 18127 $ | ||
| Net Income | 127439.4 | ||
| Net Income according to CMHC | 128839.4 | ||
| Annual mortgage cost | 117126.7273 | ||
| Annual cash flow | 0.95496088 | ||
| 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: 19527 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 127439.4 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 151200 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 2031485.354 $ | 9% tax on CMHC loan premium | 9324.517773 $ |
| 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 | |