TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 665211.4083$ |
IRR: 6.529168008% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 120.8514078$ |
| Cap Rate : 4.776853143% | Cash on Cash : 1.308050532% | Return on Investment : 0.032706414% | |
| Economic Value : 1318089.621 $ | Minimal Occupancy Ratio : 95.60084585% | Net Income Multiplier : 20.93428393 | |
| 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 | 3533.785677 | 4642.571177 | 5765.854985 | 6903.824714 | 8056.670386 | 9224.584465 | 10407.76188 | 11606.40008 | 12820.69902 | 14050.86124 |
| Principal paid | 9863.062407 | 10463.72291 | 11100.96363 | 11777.01232 | 12494.23237 | 13255.13112 | 14062.3686 | 14918.76685 | 15827.31975 | 16791.20353 |
| Sub-Total | 13396.84808 | 15106.29408 | 16866.81862 | 18680.83703 | 20550.90275 | 22479.71558 | 24470.13049 | 26525.16693 | 28648.01877 | 30842.06477 |
| Capital appreciation | 35000 | 35700 | 36414 | 37142.28 | 37885.1256 | 38642.82811 | 39415.68467 | 40203.99837 | 41008.07834 | 41828.2399 |
| Total Equity | 48396.84808 | 50806.29408 | 53280.81862 | 55823.11703 | 58436.02835 | 61122.5437 | 63885.81516 | 66729.1653 | 69656.09711 | 72670.30467 |
| Cumulative Equity | 48396.84808 | 99203.14217 | 152483.9608 | 208307.0778 | 266743.1062 | 327865.6499 | 391751.465 | 458480.6303 | 528136.7274 | 600807.0321 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 6332.949242 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 110460 | ||
| Vacancy/Bad debt | 1325.52 | ||
| Effective gross income | 109134.48$ | ||
| Operating expenses | 28579.55 $ | ||
| Operating expenses according to CMHC | 25539.55 $ | ||
| Net Income | 80554.93 | ||
| Net Income according to CMHC | 83594.93 | ||
| Annual mortgage cost | 75995.39091 | ||
| Annual cash flow | 1.308050532 | ||
| 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: 28579.55 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 80554.93 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 110460 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 1318089.621 $ | 9% tax on CMHC loan premium | 5394.611297 $ |
| 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 | |