Property Report

4 Self Contained Units (FourPlex)

The Junction
Toronto, Ontario M6P 1X7

Presented by:

Vincent La Fiura, Broker

Re/Max West Realty Inc
1678 Bloor St West
Toronto, Ontario
Office: 416 769-1616
Mobile: 416 873-1555
vlafiura@rogers.com
www.incomepropertyto.com

Vincent La Fiura, Broker | 416-873-1555 | www.incomepropertyto.com

Overview
4 Self Contained Units (FourPlex)
The Junction
Toronto, Ontario M6P 1X7
Purchase Info
Square Feet
Purchase Price
Initial Cash Invested
Income Analysis
Net Operating Income
Cash Flow
Financial Metrics
Cap Rate (Purchase Price)
Cash on Cash Return (Year 1)
Internal Rate of Return (Year 10)
Sale Price (Year 10)

Vincent La Fiura, Broker

416 769-1616
vlafiura@rogers.com
www.incomepropertyto.com

0
$979,000
$272,385
Monthly
$4,572
$1,213

Annual
$54,864
$14,555

5.6%
5.3%
24.7%
$2,426,185

Vincent La Fiura, Broker | 416-873-1555 | www.incomepropertyto.com

Purchase Analysis
4 Self Contained Units (FourPlex)
The Junction
Toronto, Ontario M6P 1X7

Vincent La Fiura, Broker

416 769-1616
vlafiura@rogers.com
www.incomepropertyto.com

Purchase Info

Income

Purchase Price

$979,000

- First Mortgage

-$734,250

- Second Mortgage

-$0

= Downpayment

$244,750

+ Buying Costs

$27,635

+ Initial Improvements

$0

= Initial Cash Invested

$272,385

Square Feet

Mortgages

First

Second

Loan-To-Cost Ratio

75%

0%

Loan-To-Value Ratio

75%

0%

$734,250

$0

Loan Amount
Loan Type
Term
Interest Rate
Payment

Amortizing

Monthly

Annual

$6,000

$72,000

-$30

-$360

$5,970

$71,640

Monthly

Annual

Insurance (3%)

-$167

-$2,000

Taxes (5%)

-$315

-$3,776

Utilities (15%)

-$917

-$11,000

-$1,398

-$16,776

Monthly

Annual

$4,572

$54,864

-$3,359

-$40,309

-$0

-$0

$1,213

$14,555

Gross Rent
Vacancy Loss
Operating Income
Expenses (% of Income)

Operating Expenses (23%)

Net Performance
Net Operating Income
- Mortgage Payments
- Year 1 Improvements
= Cash Flow

25 Years
2.69%
$3,359.07

$0.00

Financial Metrics (Year 1)

Annual Gross Rent Multiplier
Operating Expense Ratio
Debt Coverage Ratio

13.6
23.4%
1.36

Cap Rate (Purchase Price)

5.6%

Cash on Cash Return

5.3%

Assumptions
Appreciation Rate

9.5%

Vacancy Rate

0.5%

Income Inflation Rate

3.5%

Expense Inflation Rate

1.0%

LTV for Refinance

Selling Costs

70.0%
$68,530

Vincent La Fiura, Broker | 416-873-1555 | www.incomepropertyto.com

Buy and Hold Projection

4 Self Contained Units (FourPlex)
The Junction
Toronto, Ontario M6P 1X7
Income

Vincent La Fiura, Broker

416 769-1616
vlafiura@rogers.com
www.incomepropertyto.com

Year 1

Year 2

Year 3

Year 5

Year 10

Year 20

Year 30

$72,000

$74,520

$77,128

$82,622

$98,129

$138,420

$195,255

-$360

-$373

-$386

-$413

-$491

-$692

-$976

$71,640

$74,147

$76,743

$82,209

$97,638

$137,728

$194,279

Expenses

Year 1

Year 2

Year 3

Year 5

Year 10

Year 20

Year 30

Insurance

-$2,000

-$2,020

-$2,040

-$2,081

-$2,187

-$2,416

-$2,669

Taxes

-$3,776

-$3,814

-$3,852

-$3,929

-$4,130

-$4,562

-$5,039

Utilities

-$11,000

-$11,110

-$11,221

-$11,447

-$12,031

-$13,289

-$14,680

Operating Expenses

-$16,776

-$16,944

-$17,113

-$17,457

-$18,348

-$20,267

-$22,388

Year 1

Year 2

Year 3

Year 5

Year 10

Year 20

Year 30

$54,864

$57,204

$59,629

$64,751

$79,290

$117,461

$171,891

-$40,309

-$40,309

-$40,309

-$40,309

-$40,309

-$40,309

-$0

-$0

-$0

-$0

-$0

-$0

-$0

-$0

$14,555

$16,895

$19,321

$24,443

$38,981

$77,152

$171,891

Cap Rate (Purchase Price)

5.6%

5.8%

6.1%

6.6%

8.1%

12.0%

17.6%

Cap Rate (Market Value)

5.1%

4.9%

4.6%

4.2%

3.3%

2.0%

1.2%

Cash on Cash Return

5.3%

6.2%

7.1%

9.0%

14.3%

28.3%

63.1%

Return on Equity

4.1%

3.5%

3.1%

2.7%

2.0%

1.3%

1.2%

Year 1

Year 2

Year 3

Year 5

Year 10

Year 20

Year 30

$1,072,005

$1,173,845

$1,285,361

$1,541,180

$2,426,185

$6,012,638

$14,900,686

-$713,327

-$691,838

-$669,767

-$623,816

-$497,596

-$188,451

-$0

$358,678

$482,007

$615,594

$917,364

$1,928,589

$5,824,187

$14,900,686

66.5%

58.9%

52.1%

40.5%

20.5%

3.1%

0.0%

$37,076

$129,854

$229,985

$455,010

$1,200,734

$4,020,396

$10,430,480

Year 1

Year 2

Year 3

Year 5

Year 10

Year 20

Year 30

Equity

$358,678

$482,007

$615,594

$917,364

$1,928,589

$5,824,187

$14,900,686

- Selling Costs

-$75,040

-$82,169

-$89,975

-$107,883

-$169,833

-$420,885

-$1,043,048

= Proceeds After Sale

$283,637

$399,838

$525,618

$809,482

$1,758,756

$5,403,302

$13,857,638

+ Cumulative Cash Flow

$14,555

$31,450

$50,770

$97,048

$261,835

$850,389

$2,106,976

-$272,385

-$272,385

-$272,385

-$272,385

-$272,385

-$272,385

-$272,385

$25,807

$158,903

$304,004

$634,145

$1,748,206

$5,981,306

$15,692,229

9.5%

26.4%

29.5%

28.9%

24.7%

20.0%

17.8%

9%

58%

112%

233%

642%

2,196%

5,761%

Gross Rent
Vacancy Loss
Operating Income

Income Analysis
Net Operating Income
- Mortgage Payments
- Improvements
= Cash Flow

Loan Analysis
Market Value
- Loan Balance
= Equity
Loan-to-Value Ratio
Potential Cash-Out Refi
Sale Analysis

- Initial Cash Invested

= Net Profit
Internal Rate of Return
Return on Investment

Vincent La Fiura, Broker | 416-873-1555 | www.incomepropertyto.com

Graphs
4 Self Contained Units (FourPlex)
The Junction
Toronto, Ontario M6P 1X7

Vincent La Fiura, Broker

416 769-1616
vlafiura@rogers.com
www.incomepropertyto.com

Monthly Cash Flow

$14,000
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0
0

10

Loan Balance +

15
Year

20

25

30

25

30

25

30

Equity = Market Value

$16,000,000
$14,000,000
$12,000,000
$10,000,000
$8,000,000
$6,000,000
$4,000,000
$2,000,000
$0
0

10

15
Year

20

Internal Rate of Return (IRR)

30%
25%
20%
15%
10%
5%
0%
0

10

Vincent La Fiura, Broker | 416-873-1555 | www.incomepropertyto.com

15
Year

20

Itemized Closing Costs

4 Self Contained Units (FourPlex)
The Junction
Toronto, Ontario M6P 1X7

Vincent La Fiura, Broker

416 769-1616
vlafiura@rogers.com
www.incomepropertyto.com

Buying Costs
Recording Fee

$1,600

Taxes

$26,035

Total

$27,635

Vincent La Fiura, Broker | 416-873-1555 | www.incomepropertyto.com