TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 1087722.64$ |
IRR: 7.162459741% | Debt Coverage Ratio: 1.2 | Cashflow/Door/Month 185.5070473$ |
| Cap Rate : 5.034792348% | Cash on Cash : 2.455866396% | Return on Investment : 0.038734542% | |
| Economic Value : 2169558.583 $ | Minimal Occupancy Ratio : 88.38103578% | Net Income Multiplier : 19.86179232 | |
| 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 | 17671.59668 | 19611.10518 | 21576.15884 | 23567.08998 | 25584.23521 | 27627.9355 | 29698.53617 | 31796.38703 | 33921.84238 | 36075.2611 |
| Principal paid | 11649.04833 | 12358.47537 | 13111.10653 | 13909.57291 | 14756.6659 | 15655.34686 | 16608.75748 | 17620.23081 | 18693.30287 | 19831.72501 |
| Sub-Total | 29320.64501 | 31969.58056 | 34687.26536 | 37476.66289 | 40340.90112 | 43283.28235 | 46307.29365 | 49416.61784 | 52615.14525 | 55906.98611 |
| Capital appreciation | 57500 | 58650 | 59823 | 61019.46 | 62239.8492 | 63484.64618 | 64754.33911 | 66049.42589 | 67370.41441 | 68717.8227 |
| Total Equity | 86820.64501 | 90619.58056 | 94510.26536 | 98496.12289 | 102580.7503 | 106767.9285 | 111061.6328 | 115466.0437 | 119985.5597 | 124624.8088 |
| Cumulative Equity | 86820.64501 | 177440.2256 | 271950.4909 | 370446.6138 | 473027.3641 | 579795.2927 | 690856.9254 | 806322.9692 | 926308.5288 | 1050933.338 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 10052.10278 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 202680 | ||
| Vacancy/Bad debt | 5877.72 | ||
| Effective gross income | 196802.28$ | ||
| Operating expenses | 53302 $ | ||
| Operating expenses according to CMHC | 52052 $ | ||
| Net Income | 143500.28 | ||
| Net Income according to CMHC | 144750.28 | ||
| Annual mortgage cost | 120625.2333 | ||
| Annual cash flow | 2.455866396 | ||
| 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: 53302 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 143500.28 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 202680 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 2169558.583 $ | 9% tax on CMHC loan premium | 8879.460891 $ |
| 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 | |