TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 421250.7665$ |
IRR: 7.139899932% | Debt Coverage Ratio: 1.2 | Cashflow/Door/Month 52.67614649$ |
| Cap Rate : 5.031784314% | Cash on Cash : 2.250846081% | Return on Investment : 0.039950708% | |
| Economic Value : 741820.1565 $ | Minimal Occupancy Ratio : 91.00142512% | Net Income Multiplier : 19.87366583 | |
| 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 | 5987.823333 | 6735.803333 | 7494.197358 | 8263.146226 | 9042.792622 | 9833.281122 | 10634.75822 | 11447.37234 | 12271.27389 | 13106.61525 |
| Principal paid | 5550.926417 | 5888.977836 | 6247.616586 | 6628.096436 | 7031.747509 | 7459.980932 | 7914.293771 | 8396.274262 | 8907.607364 | 9450.080653 |
| Sub-Total | 11538.74975 | 12624.78117 | 13741.81394 | 14891.24266 | 16074.54013 | 17293.26205 | 18549.05199 | 19843.6466 | 21178.88125 | 22556.6959 |
| Capital appreciation | 20400 | 20808 | 21224.16 | 21648.6432 | 22081.61606 | 22523.24839 | 22973.71335 | 23433.18762 | 23901.85137 | 24379.8884 |
| Total Equity | 31938.74975 | 33432.78117 | 34965.97394 | 36539.88586 | 38156.1562 | 39816.51044 | 41522.76534 | 43276.83422 | 45080.73262 | 46936.5843 |
| Cumulative Equity | 31938.74975 | 65371.53092 | 100337.5049 | 136877.3907 | 175033.5469 | 214850.0574 | 256372.8227 | 299649.6569 | 344730.3895 | 391666.9738 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 3564.180556 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 96600 | ||
| Vacancy/Bad debt | 2704.8 | ||
| Effective gross income | 93895.2$ | ||
| Operating expenses | 44071 $ | ||
| Operating expenses according to CMHC | 42571 $ | ||
| Net Income | 49824.2 | ||
| Net Income according to CMHC | 51324.2 | ||
| Annual mortgage cost | 42770.16667 | ||
| Annual cash flow | 2.250846081 | ||
| 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: 44071 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 49824.2 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 96600 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 741820.1565 $ | 9% tax on CMHC loan premium | 3404.954518 $ |
| 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 | |