TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 511879.212$ |
IRR: 5.377009604% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 64.50507671$ |
| Cap Rate : 4.228926316% | Cash on Cash : 0.90731669% | Return on Investment : 0.027193271% | |
| Economic Value : 662163.8873 $ | Minimal Occupancy Ratio : 95.79464575% | Net Income Multiplier : 23.64666408 | |
| 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 | 1868.1282 | 2463.5862 | 3066.91797 | 3678.226238 | 4297.615057 | 4925.189829 | 5561.057311 | 6205.325644 | 6858.104364 | 7519.50442 |
| Principal paid | 7007.296565 | 7434.040926 | 7886.774018 | 8367.078556 | 8876.63364 | 9417.220629 | 9990.729365 | 10599.16478 | 11244.65392 | 11929.45334 |
| Sub-Total | 8875.424765 | 9897.627126 | 10953.69199 | 12045.30479 | 13174.2487 | 14342.41046 | 15551.78668 | 16804.49043 | 18102.75828 | 19448.95776 |
| Capital appreciation | 20900 | 21318 | 21744.36 | 22179.2472 | 22622.83214 | 23075.28879 | 23536.79456 | 24007.53045 | 24487.68106 | 24977.43468 |
| Total Equity | 29775.42476 | 31215.62713 | 32698.05199 | 34224.55199 | 35797.08084 | 37417.69924 | 39088.58124 | 40812.02088 | 42590.43935 | 44426.39245 |
| Cumulative Equity | 29775.42476 | 60991.05189 | 93689.10388 | 127913.6559 | 163710.7367 | 201128.436 | 240217.0172 | 281029.0381 | 323619.4774 | 368045.8699 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 3347.9 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 62160 | ||
| Vacancy/Bad debt | 745.92 | ||
| Effective gross income | 61414.08$ | ||
| Operating expenses | 18821.8 $ | ||
| Operating expenses according to CMHC | 17221.8 $ | ||
| Net Income | 42592.28 | ||
| Net Income according to CMHC | 44192.28 | ||
| Annual mortgage cost | 40174.8 | ||
| Annual cash flow | 0.90731669 | ||
| 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: 18821.8 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 42592.28 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 62160 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 662163.8873 $ | 9% tax on CMHC loan premium | 2710.07125 $ |
| 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 | |