TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 88021.69173$ |
IRR: 11.69092561% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 39.01011787$ |
| Cap Rate : 6.165694444% | Cash on Cash : 2.659125298% | Return on Investment : 0.079518165% | |
| Economic Value : 332585.7079 $ | Minimal Occupancy Ratio : 95.15720216% | Net Income Multiplier : 16.21877323 | |
| 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 | 807.1454545 | 1135.325455 | 1468.114942 | 1805.576608 | 2147.773978 | 2494.771422 | 2846.634168 | 3203.428309 | 3565.22082 | 3932.079565 |
| Principal paid | 3519.561747 | 3733.903057 | 3961.297754 | 4202.540787 | 4458.475521 | 4729.99668 | 5018.053478 | 5323.652935 | 5647.863398 | 5991.818279 |
| Sub-Total | 4326.707202 | 4869.228512 | 5429.412696 | 6008.117395 | 6606.249499 | 7224.768102 | 7864.687645 | 8527.081244 | 9213.084219 | 9923.897845 |
| Capital appreciation | 7200 | 7344 | 7490.88 | 7640.6976 | 7793.511552 | 7949.381783 | 8108.369419 | 8270.536807 | 8435.947543 | 8604.666494 |
| Total Equity | 11526.7072 | 12213.22851 | 12920.2927 | 13648.81499 | 14399.76105 | 15174.14989 | 15973.05706 | 16797.61805 | 17649.03176 | 18528.56434 |
| Cumulative Equity | 11526.7072 | 23739.93571 | 36660.22841 | 50309.0434 | 64708.80445 | 79882.95434 | 95856.0114 | 112653.6295 | 130302.6612 | 148831.2256 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 1681.55303 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 43800 | ||
| Vacancy/Bad debt | 1314 | ||
| Effective gross income | 42486$ | ||
| Operating expenses | 21339.5 $ | ||
| Operating expenses according to CMHC | 20289.5 $ | ||
| Net Income | 21146.5 | ||
| Net Income according to CMHC | 22196.5 | ||
| Annual mortgage cost | 20178.63636 | ||
| Annual cash flow | 2.659125298 | ||
| 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: 21339.5 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 21146.5 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 43800 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 332585.7079 $ | 9% tax on CMHC loan premium | 1526.568399 $ |
| 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 | |