Page 01 / 02 · 2026
Investment Proforma
22 Plex Leduc
343 – 373 Creekside Green · Delivery May 2027 · Lending Type: Draw
Multi-Family · 22 Units
Purchase Price
$6,240,522
CAD
Cap Rate
6.1%
Year 1
Cash on Cash
22.0%
Year 1
DSCR
123.9%
At base rate
I
Acquisition Terms & Eligibility
CAD| Purchase Price | $6,240,521.92 |
| Broker & Bank Fee Roll-in | $405,633.92 |
| Total Purchase Price | $6,646,155.84 |
| Deposit (5%) | $332,307.79 |
| Closing Fee Allowance | $405,633.92 |
| Builder Deposit | 5.00% |
| Delivery Timeline | May 2027 |
| Lending Type | Draw |
| Asset Class | Multi-Family (22u) |
| Min. Liquidity | $1,329,231.17 |
| Min. Net Worth | $1,993,846.75 |
| Includes | Landscape · Fence · Blinds · Appl. |
II
Unit Mix & Rent Roll
Annual| Unit Type | Units | Unit Price | Monthly | Annual |
|---|---|---|---|---|
| 3 Bed Upper1,459 – 1,489 sqft | 11 | $2,100.00 | $23,100.00 | $277,200.00 |
| 2 Bed Lower646 – 671 sqft | 11 | $1,350.00 | $14,850.00 | $178,200.00 |
| Garage Parking100% usage | 22 | $100.00 | $2,200.00 | $26,400.00 |
| Pet Fee20% usage | 22 | $50.00 | $220.00 | $2,640.00 |
| Gross Scheduled Income | 22 | — | $40,370.00 | $484,440.00 |
III
Operating Expenses
Annual| Property Taxes | $54,044 |
| Insurance | $11,000 |
| Utilities | $0 |
| Repairs & Maint. | $18,260 |
| Management & Salaries | $23,767 |
| Other Cost | $9,507 |
| Replacement Reserve | $3,300 |
| Vacancy & Bad Debt (2%) | $9,108 |
| Total Operating Expense | $96,111 |
IV
Net Operating Income
Year 1| Rental Income | $455,400 |
| Other Income (Parking + Pet) | $29,040 |
| Gross Income | $484,440 |
| (−) Vacancy & Bad Debt | ($9,108) |
| Effective Gross Income | $475,332 |
| (−) Operating Expense | ($96,111) |
| Net Operating Income | $379,221 |
V
Debt Service
Draw · 50 yr Amortization| Tranche | Amount | Interest | Amort. | Monthly | Annual |
|---|---|---|---|---|---|
| Mortgage | $6,313,848.05 | 3.90% | 50 yr | $24,094.38 | $289,132.60 |
| CMHC Premium 5.9% | $372,517.04 | 3.90% | 50 yr | $1,421.57 | $17,058.82 |
| Total Loan Size | $6,686,365.09 | 3.94% | 50 yr | $25,515.95 | $306,191.43 |
Cash Flow After Debt
$73,030
DSCR
123.9%
Cash on Cash
22.0%
VI
Five-Year Projections
Down Payment $332,308 · Original Price $6,240,522| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | |
|---|---|---|---|---|---|
| Building Value | $6,864,574 | $7,207,803 | $7,568,193 | $7,946,603 | $8,343,933 |
| Appreciation % | 10.0% | 5.0% | 5.0% | 5.0% | 5.0% |
| Appreciation $ | $624,052 | $343,229 | $360,390 | $378,410 | $397,330 |
| Total Cash Flow | $73,030 | $51,726 | $54,312 | $57,028 | $59,879 |
| Mortgage Paydown | $41,231 | $42,884 | $44,603 | $46,392 | $48,252 |
| Equity Per Year | $738,312 | $437,839 | $459,306 | $481,830 | $505,462 |
| Return on Down Payment | 222.2% | 131.8% | 138.2% | 145.0% | 152.1% |
Total Equity Gained
$2,622,748
Annualized 5-Yr ROI
157.85%
IRR · No Sale / Sale
9.25% / 63%
VII
Rate Sensitivity
Δ Cash Flow · DSCR| Δ | Rate | Monthly | Cash Flow | DSCR |
|---|---|---|---|---|
| −0.50% | 3.40% | $23,313.99 | $99,453.10 | 135.5% |
| −0.25% | 3.65% | $24,403.50 | $86,378.89 | 129.5% |
| Base | 3.90% | $25,515.95 | $73,029.52 | 123.9% |
| +0.25% | 4.15% | $26,650.45 | $59,415.60 | 118.6% |
| +0.50% | 4.40% | $27,806.08 | $45,547.92 | 113.7% |
VIII
Rent Sensitivity
Δ Net Rent · NOI| Δ | Net Rent | NOI | Cash Flow | DSCR |
|---|---|---|---|---|
| Base | $484,440 | $388,329 | $82,138 | 126.8% |
| −5% | $460,218 | $364,107 | $57,916 | 118.9% |
| −10% | $435,996 | $339,885 | $33,694 | 111.0% |
| −15% | $411,774 | $315,663 | $9,472 | 103.1% |