TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 282646.0225$ |
IRR: 7.17071809% | Debt Coverage Ratio: 1.3 | Cashflow/Door/Month 316.3592525$ |
| Cap Rate : 5.199353194% | Cash on Cash : 5.372530626% | Return on Investment : 0.099781207% | |
| Economic Value : N.A. $ | Minimal Occupancy Ratio : 79.67071539% | Net Income Multiplier : 19.23316156 | |
| 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 | 11873.20296 | 12584.17652 | 13304.32934 | 14033.77907 | 14772.64487 | 15521.04744 | 16279.10898 | 17046.95327 | 17824.70567 | 18612.49312 |
| Principal paid | 9834.459087 | 10433.37765 | 11068.77034 | 11742.85846 | 12457.99854 | 13216.69065 | 14021.58711 | 14875.50176 | 15781.41982 | 16742.50829 |
| Sub-Total | 21707.66204 | 23017.55417 | 24373.09968 | 25776.63752 | 27230.64341 | 28737.73809 | 30300.69609 | 31922.45503 | 33606.12549 | 35355.00141 |
| Capital appreciation | 20980 | 21399.6 | 21827.592 | 22264.14384 | 22709.42672 | 23163.61525 | 23626.88756 | 24099.42531 | 24581.41381 | 25073.04209 |
| Total Equity | 42687.66204 | 44417.15417 | 46200.69168 | 48040.78136 | 49940.07013 | 51901.35334 | 53927.58364 | 56021.88034 | 58187.5393 | 60428.0435 |
| Cumulative Equity | 42687.66204 | 87104.81621 | 133305.5079 | 181346.2893 | 231286.3594 | 283187.7127 | 337115.2964 | 393137.1767 | 451324.716 | 511752.7595 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 3496.231731 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 68220 | ||
| Vacancy/Bad debt | 1995.435 | ||
| Effective gross income | 66224.565$ | ||
| Operating expenses | 12533.35 $ | ||
| Operating expenses according to CMHC | 11683.35 $ | ||
| Net Income | 53691.215 | ||
| Net Income according to CMHC | 54541.215 | ||
| Annual mortgage cost | 41954.78077 | ||
| Annual cash flow | 5.372530626 | ||
| 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: 12533.35 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 53691.215 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 68220 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | N.A. $ | 9% tax on CMHC loan premium | 634.5675 $ |
| 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 | |