TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 237350.5125$ |
IRR: 6.176558207% | Debt Coverage Ratio: 1.3 | Cashflow/Door/Month 240.975952$ |
| Cap Rate : 4.660033898% | Cash on Cash : 4.873318188% | Return on Investment : 0.090204279% | |
| Economic Value : N.A. $ | Minimal Occupancy Ratio : 81.76253603% | Net Income Multiplier : 21.45907137 | |
| 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 | 8977.913769 | 9533.207769 | 10095.84072 | 10665.90834 | 11243.50758 | 11828.73664 | 12421.69499 | 13022.48339 | 13631.20389 | 14247.95987 |
| Principal paid | 7436.319076 | 7889.190908 | 8369.642634 | 8879.353871 | 9420.106521 | 9993.791009 | 10602.41288 | 11248.09983 | 11933.1091 | 12659.83545 |
| Sub-Total | 16414.23285 | 17422.39868 | 18465.48336 | 19545.26221 | 20663.6141 | 21822.52765 | 23024.10787 | 24270.58321 | 25564.31299 | 26907.79532 |
| Capital appreciation | 17700 | 18054 | 18415.08 | 18783.3816 | 19159.04923 | 19542.23022 | 19933.07482 | 20331.73632 | 20738.37104 | 21153.13846 |
| Total Equity | 34114.23285 | 35476.39868 | 36880.56336 | 38328.64381 | 39822.66333 | 41364.75786 | 42957.18269 | 44602.31953 | 46302.68404 | 48060.93378 |
| Cumulative Equity | 34114.23285 | 69590.63152 | 106471.1949 | 144799.8387 | 184622.502 | 225987.2599 | 268944.4426 | 313546.7621 | 359849.4461 | 407910.3799 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 2643.673077 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 58920 | ||
| Vacancy/Bad debt | 1767.6 | ||
| Effective gross income | 57152.4$ | ||
| Operating expenses | 16961.1 $ | ||
| Operating expenses according to CMHC | 15911.1 $ | ||
| Net Income | 40191.3 | ||
| Net Income according to CMHC | 41241.3 | ||
| Annual mortgage cost | 31724.07692 | ||
| Annual cash flow | 4.873318188 | ||
| 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: 16961.1 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 40191.3 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 58920 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | N.A. $ | 9% tax on CMHC loan premium | 1015.5375 $ |
| 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 | |