TEST
constante:
TGA:
dynaSourceNbrUnits:
| PERFORMANCE ANALYSIS WITH CMHC FINANCING 10-year Analysis | 10-year Analysis | ||
|---|---|---|---|
| Total Cash Out 696843.7285$ |
IRR: 4.916924951% | Debt Coverage Ratio: 1.1 | Cashflow/Door/Month 77.98255199$ |
| Cap Rate : 3.95855837% | Cash on Cash : 0.805739295% | Return on Investment : 0.024153365% | |
| Economic Value : 800737.0152 $ | Minimal Occupancy Ratio : 95.78934206% | Net Income Multiplier : 25.26172173 | |
| 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 | 2259.077288 | 2978.821588 | 3708.080068 | 4446.976828 | 5195.637572 | 5954.189629 | 6722.761969 | 7501.485231 | 8290.491739 | 9089.915524 |
| Principal paid | 8473.735647 | 8989.786148 | 9537.264124 | 10118.08351 | 10734.2748 | 11387.99213 | 12081.52085 | 12817.28547 | 13597.85816 | 14425.96772 |
| Sub-Total | 10732.81294 | 11968.60774 | 13245.34419 | 14565.06034 | 15929.91237 | 17342.18176 | 18804.28282 | 20318.7707 | 21888.34989 | 23515.88324 |
| Capital appreciation | 27000 | 27540 | 28090.8 | 28652.616 | 29225.66832 | 29810.18169 | 30406.38532 | 31014.51303 | 31634.80329 | 32267.49935 |
| Total Equity | 37732.81294 | 39508.60774 | 41336.14419 | 43217.67634 | 45155.58069 | 47152.36345 | 49210.66814 | 51333.28373 | 53523.15318 | 55783.38259 |
| Cumulative Equity | 37732.81294 | 77241.42067 | 118577.5649 | 161795.2412 | 206950.8219 | 254103.1853 | 303313.8535 | 354647.1372 | 408170.2904 | 463953.673 |
| Loan Financing | |
|---|---|
| Interest rate | |
| Amortization | |
| Down Payment % | |
| Down Payment $ | |
| Mortgage Amount | |
| Monthly Mortgage Payment | 4048.525606 |
| Mortgage payment incl CMHC premium | 996 $ |
| Capital appreciation rate | |
| Summary of Revenues | |||
|---|---|---|---|
| Potential gross income | 75036 | ||
| Vacancy/Bad debt | 900.432 | ||
| Effective gross income | 74135.568$ | ||
| Operating expenses | 22495.03 $ | ||
| Operating expenses according to CMHC | 20695.03 $ | ||
| Net Income | 51640.538 | ||
| Net Income according to CMHC | 53440.538 | ||
| Annual mortgage cost | 48582.30727 | ||
| Annual cash flow | 0.805739295 | ||
| 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: 22495.03 $ | |
| GROSS REVENUE | |
|---|---|
| Rental income | |
| Parking revenue | |
| Laundry revenue | |
| Other | |
| Net income | 51640.538 |
| Annual gross revenue yearly increase | |
| POTENTIAL GROSS INCOME | 75036 |
| DOWNPAYMENT CALCULATION | |||
|---|---|---|---|
| Downpayment % | 15.00% | TRANSACTION FEES | |
| Economic value | 800737.0152 $ | 9% tax on CMHC loan premium | 3277.216419 $ |
| 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 | |