TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 431082.9567$ |
IRR: 3.603759141% | Debt Coverage Ratio: 1.2 | Cashflow/Door/Month 43.863231$ |
| Cap Rate : 2.934645609% | Cash on Cash : 0.854710525% | Return on Investment : 0.014872104% | |
| Economic Value : 275281.3571 $ | Minimal Occupancy Ratio : 91.37546963% | Net Income Multiplier : 34.07566478 | |
| 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 | 2325.180854 | 2615.888854 | 2910.757053 | 3209.842716 | 3513.203879 | 3820.899354 | 4132.988743 | 4449.532447 | 4770.591677 | 5096.228464 |
| Principal paid | 2059.88816 | 2185.335349 | 2318.422272 | 2459.614188 | 2609.404692 | 2768.317438 | 2936.90797 | 3115.765665 | 3305.515794 | 3506.821706 |
| Sub-Total | 4385.069014 | 4801.224203 | 5229.179325 | 5669.456904 | 6122.608571 | 6589.216792 | 7069.896712 | 7565.298112 | 8076.107471 | 8603.050171 |
| Capital appreciation | 12980 | 13239.6 | 13504.392 | 13774.47984 | 14049.96944 | 14330.96883 | 14617.5882 | 14909.93997 | 15208.13877 | 15512.30154 |
| Total Equity | 17365.06901 | 18040.8242 | 18733.57132 | 19443.93674 | 20172.57801 | 20920.18562 | 21687.48491 | 22475.23808 | 23284.24624 | 24115.35171 |
| Cumulative Equity | 17365.06901 | 35405.89322 | 54139.46454 | 73583.40129 | 93755.97929 | 114676.1649 | 136363.6498 | 158838.8879 | 182123.1341 | 206238.4859 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 1322.628472 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 41340 | ||
| Vacancy/Bad debt | 1240.2 | ||
| Effective gross income | 40099.8$ | ||
| Operating expenses | 22853.95 $ | ||
| Operating expenses according to CMHC | 21053.95 $ | ||
| Net Income | 17245.85 | ||
| Net Income according to CMHC | 19045.85 | ||
| Annual mortgage cost | 15871.54167 | ||
| Annual cash flow | 0.854710525 | ||
| 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: 22853.95 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 17245.85 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 41340 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 275281.3571 $ | 9% tax on CMHC loan premium | 1126.657774 $ |
| 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 | |