TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 586953.5143$ |
IRR: 4.16016016% | Debt Coverage Ratio: 1.2 | Cashflow/Door/Month 65.55984789$ |
| Cap Rate : 3.413495385% | Cash on Cash : 1.072273229% | Return on Investment : 0.018840212% | |
| Economic Value : 481039.0982 $ | Minimal Occupancy Ratio : 89.64163968% | Net Income Multiplier : 29.29548417 | |
| 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 | 4063.126225 | 4540.831225 | 5025.12439 | 5516.094241 | 6013.830466 | 6518.423937 | 7029.966726 | 7548.552118 | 8074.274629 | 8607.230021 |
| Principal paid | 3599.541768 | 3818.753862 | 4051.315972 | 4298.041115 | 4559.791819 | 4837.483141 | 5132.085864 | 5444.629893 | 5776.207853 | 6127.978912 |
| Sub-Total | 7662.667993 | 8359.585087 | 9076.440362 | 9814.135355 | 10573.62228 | 11355.90708 | 12162.05259 | 12993.18201 | 13850.48248 | 14735.20893 |
| Capital appreciation | 19500 | 19890 | 20287.8 | 20693.556 | 21107.42712 | 21529.57566 | 21960.16718 | 22399.37052 | 22847.35793 | 23304.30509 |
| Total Equity | 27162.66799 | 28249.58509 | 29364.24036 | 30507.69136 | 31681.0494 | 32885.48274 | 34122.21977 | 35392.55253 | 36697.84041 | 38039.51402 |
| Cumulative Equity | 27162.66799 | 55412.25308 | 84776.49344 | 115284.1848 | 146965.2342 | 179850.7169 | 213972.9367 | 249365.4892 | 286063.3297 | 324102.8437 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 2311.220833 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 60120 | ||
| Vacancy/Bad debt | 2164.32 | ||
| Effective gross income | 57955.68$ | ||
| Operating expenses | 27374.1 $ | ||
| Operating expenses according to CMHC | 24674.1 $ | ||
| Net Income | 30581.58 | ||
| Net Income according to CMHC | 33281.58 | ||
| Annual mortgage cost | 27734.65 | ||
| Annual cash flow | 1.072273229 | ||
| 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: 27374.1 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 30581.58 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 60120 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 481039.0982 $ | 9% tax on CMHC loan premium | 1968.772769 $ |
| 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 | |