TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 517878.9884$ |
IRR: 4.647660134% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 63.07973527$ |
| Cap Rate : 3.783539515% | Cash on Cash : 0.730824034% | Return on Investment : 0.021860082% | |
| Economic Value : 538001.6031 $ | Minimal Occupancy Ratio : 93.2068298% | Net Income Multiplier : 26.43027768 | |
| 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 | 1517.835668 | 2004.000793 | 2496.61641 | 2995.766883 | 3501.537671 | 4014.015337 | 4533.287563 | 5059.443168 | 5592.572119 | 6132.765547 |
| Principal paid | 5693.359087 | 6040.084656 | 6407.925811 | 6798.168493 | 7212.176954 | 7651.398531 | 8117.368702 | 8611.716455 | 9136.169988 | 9692.56274 |
| Sub-Total | 7211.194756 | 8044.085449 | 8904.542221 | 9793.935377 | 10713.71463 | 11665.41387 | 12650.65626 | 13671.15962 | 14728.74211 | 15825.32829 |
| Capital appreciation | 18980 | 19359.6 | 19746.792 | 20141.72784 | 20544.5624 | 20955.45364 | 21374.56272 | 21802.05397 | 22238.09505 | 22682.85695 |
| Total Equity | 26191.19476 | 27403.68545 | 28651.33422 | 29935.66322 | 31258.27702 | 32620.86751 | 34025.21898 | 35473.2136 | 36966.83716 | 38508.18524 |
| Cumulative Equity | 26191.19476 | 53594.8802 | 82246.21443 | 112181.8776 | 143440.1547 | 176061.0222 | 210086.2412 | 245559.4548 | 282526.2919 | 321034.4772 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 2720.135606 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 52920 | ||
| Vacancy/Bad debt | 2077.11 | ||
| Effective gross income | 50842.89$ | ||
| Operating expenses | 16087.1 $ | ||
| Operating expenses according to CMHC | 14937.1 $ | ||
| Net Income | 34755.79 | ||
| Net Income according to CMHC | 35905.79 | ||
| Annual mortgage cost | 32641.62727 | ||
| Annual cash flow | 0.730824034 | ||
| 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: 16087.1 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 34755.79 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 52920 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 538001.6031 $ | 9% tax on CMHC loan premium | 2201.906061 $ |
| 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 | |