Sample Investments
01
Single Family Dwelling
02
Construction Loans
03
Multi Unit Residential
04
Blanket Properties
Sample 1,
Single Family Dwelling
Ancaster, ON
Sample 1,
Single Family Dwelling
Ancaster, ON
Property Details: Bungalow, 3 bed, 3 bath . Living Space, 2,000 sq. ft. Owner occupied.
Mortgage Amount: $600,000
LTV: 67%
Security: 1st mortgage
Term: 12 months
Annual investment return: 11%
Property Value: $900,000 (based on Appraisal)
Monthly & Annual distribution (based on $50,000 investment): $458.33 & $5,500
Sample 2,
Construction/ Renovation
Hamilton, ON
Property Details: New construction in Hamilton. Living area, 1,600 sq ft.
Mortgage Amount: $270,000
LTV: 77%, 45% after construction is complete
Security: 1st mortgage
Term: 6 months
Annual investment return: 12.0%
Property Value: $350,000 (based on Purchase and Sale agreement) expects to sell for $600,000
Monthly & Annual distribution (based on $40,000 investment): $400 & $4,800
Notes to investors with rationale: The builder has previous experience in flipping properties, good income and credit score. As well as, low GDS and TDS ratios. Funds will be provided in 3 stages based on completed milestones approved by PB Financial.
Sample 2,
Construction/ Renovation
Hamilton, ON
Sample 3,
Multi-unit Residential
Toronto, ON
Sample 3,
Multi-unit Residential
Toronto, ON
Property Details: 3 units in Toronto, Ontario. Rental properties. Living area: 1,500 sq ft. / unit
Mortgage Amount: $1,100,000
LTV: 61%
Security: 1st mortgage
Term: 12 months
Annual investment return: 10.5%
Property Value: $1,800,000 (based on Appraisal August 27th)
Monthly & Annual distribution (based on $100,000 investment): $875 & $10,500
Notes to investors with rationale: Property has been earning rental income at $2,500/ unit. GDS ratio is good. Lots of equity in the property.
Sample 4,
Blanket Property
Fort Erie, ON
Property Details:
Fort Erie property X: living space 3500 sq ft, owner occupied
Fort Erie property Y: Living space 3000 sq ft. Rental unit, tenant occupied
Mortgage Amount: $825,000
LTV: 64%
Security: 2nd mortgage on property X, 1st mortgage on property Y. Blanket Mortgage
Term: 12 months
Annual investment return: 9.25%
Property Value: Property X - $760,000 Property Y - $525,000,. Total: $1,285,000 (based on Appraisal)
Monthly & Annual distribution (based on $50,000 investment): $385 & $4,625
Purpose: The purpose of mortgage is to purchase a rental property (Y). Good income. Own other rental properties in the area and earn $2,200 per unit.