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Property Address: 62 Cook Street North Ward

Comparable Price $660,000.00

Purchase Price $272,500.00

Construction Cost $320,000.00

Stamp Duty $8,925.00

Sales Commission $9,500.00

Loan App Fee $450.00

Insurance 180 Days $1,800.00 Price Sq Mtr


List Price $660,000.00 180
Other Costs $0.00 Offer Price $272,500.00 180
Acq. Price $613,175.00 180
Total Acquisition Cost $613,175.00 92.91% Acquisition LTV

Potential Rent Sq Mtr


Monthly Payment 6% $3,065.88 $1,950.00 180
6 Month Of Payments $18,395.25 $1,700.00 180

Total Holding Cost $631,570.25 95.69% 6 Month Holding Cost LTV

LTV 80.00% 85.00% 90.00% 95.00%


Sales Price $528,000.00 $561,000.00 $594,000.00 $627,000.00

Total Outlay $613,175.00 $613,175.00 $613,175.00 $613,175.00

Interest owed 6 Months $18,395.25 $18,395.25 $18,395.25 $18,395.25


Commissions 0% $0.00 $0.00 $0.00 $0.00

Gross -$103,570.25 -$70,570.25 -$37,570.25 -$4,570.25


4% Contingency $24,527.00 $24,527.00 $24,527.00 $24,527.00
Sales Price Sq Mtr $2,933.33 $3,116.67 $3,300.00 $3,483.33
Estimated Profit -$128,097.25 -$95,097.25 -$62,097.25 -$29,097.25
Rates Bi Annual Sq Meters Type/Zoning Bedrooms Bathrooms
$1,693.67 180 Residential 4 2
All Assumptions are for Est. Payment Est. Property
Est. Insurance Rates Month
90% Loan 10% Down (8%) Mgt (10%)
($4,358.56) $200.00 $282.28 $195.00
Cost Per Sq Mtr
$3,666.67
$1,513.89
$3,406.53

Rent Per Sq Mtr


$10.83
$9.44

100.00%
$660,000.00

$613,175.00

$18,395.25
$0.00

$28,429.75
$24,527.00
$3,666.67
$3,902.75
Est. Rent
$1,950.00
Est. Cash Flow
($3,085.84)

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