Property Report: Boyet RENTAL

Property Report :

Boyet

258 Bulyea Road, Edmonton, T6R 1Z6

Created on: Apr 16, 2025

Author: Audrey Abuan

258 Bulyea Road, Edmonton, T6R 1Z6

Singlefamily: 11 rooms: 4 bedrooms , 3 bathrooms + 1 kitchen

Year built: 1989, Size: 3120 SF

Investment strategy: Rental Property

Purchase Price$0 635,000
Rent$0 2,400/mo
Monthly Cash Flow$0 2,400
Cash on Cash Return4.71 %

Financial Analysis

Cash on Cash Return 4.71 %
Internal Rate of Return (IRR) 6.87 %
Capitalization Rate 4.54 %
Gross Rent Multiplier (GRM) 22.05
Debt-coverage Ratio (DCR) 0.00
Operating Expense Ratio (OER) 0.00 %

Financial Breakdown

Purchase Price $0 635,000
Purchase Costs $0 580,000
Repair/Construction Costs $0 0
Total Capital Needed
$0 1,215,000
Financing $0 603,250
Total Cash Needed
$0 611,750
Cash at Closing
$0 31,750
Cash During Rehab
$0 580,000

Operating Analysis

Rent $0 2,400/mo
Gross Operating Income (GOI) $0 28,800
Total Expenses $0 0
Net Operating Income (NOI) $0 28,800
Annual Debt Service $0 0
Cash Flow Before Taxes (CFBT) $0 28,800
Income Tax Liability $0 0
Cash Flow After Taxes (CFAT) $0 28,800

Mine

Purchase Price $0 635,000
Address 258 Bulyea Road , Edmonton, T6R 1Z6, CA
Year Built 1989
Type Singlefamily
Size 3120 SF
Bedrooms 4
Bathrooms 3
Rooms Total 11
Kitchens 1
258 Bulyea Road Edmonton, T6R 1Z6
  • Singlefamily

    Bldg type
  • 3,120

    SqFt
  • 4

    Beds
  • 3

    Baths

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Property address Distance Beds Baths SqFt Bldg type Date sold Sale price $/SqFt Notes Edit
Average: $0 0 $0 0 /SqFt
Estimated ARV:
$0 0

Comps selected: 0

Annual Property Operating Data

Incomes % of GOI
Gross Scheduled Income
$0 28,800    
Total Gross Income $0 28,800  
Vacancy loss
$0 0  
Gross Operating Income
$0 28,800 100.00 %
Expenses
Total Expenses $0 0 0.00 %
Net Operating Income
$0 28,800 100.00 %

Cash Flow (Year 1)

Net Operating Income $0 28,800 100.00 %
Annual Debt Service $0 0 0.00 %
Cash Flow Before Taxes (CFBT)
$0 28,800 100.00 %
Income Tax Liability $0 0 0.00 %
Cash Flow After Taxes (CFAT)
$0 28,800 100.00 %

Operating Ratios

Operating Expense Ratio
0.00 %
Break-Even Ratio
0.00 %

Financial Measures

Net Present Value
$0 -128,800
Internal Rate of Return
6.87 %
Profitability Index
0.79
Annual Depreciation $0 18,473

Holding period of 10 years and discount rate of 10.00% were used for calculation of NPV and IRR. The rest of the financial measures are for the 1st year only and therefore don't provide such an exact information.

Investment Return Ratios

Cash on Cash Return
4.71 %
Return on Investment
7.82 %
Capitalization Rate
4.54 %
Gross Rental Yield
4.54 %
Gross Rent Multiplier
22.05
Financing
Down Payment $0 31,750
Loan $0 603,250
Loan to Value Ratio
95.00 %
Loan to Cost Ratio
95.00 %
Debt Coverage Ratio 0.00
Loan

Financing of: Purchase price ($0 635,000)

Type Amortized
Loan Amount $0 603,250
Down payment (5%) $0 31,750
Amortization years
Interest Rate 0.00 %
Monthly Payment $0 0.00

This chart shows the process of accumulation of investor's equity. There is some equity created right at the beginning with the rehab/construction and later investor's equity is rising by paying off the principal of the loan and also by appreciation over the years. All the green parts is the cummulative equity belonging to the investor and the red part belongs to the lender.

Year
Operational Analysis
Gross Scheduled Income
Vacancy Loss
Gross Operating Income
Expenses
Net Operating Income
Loan Payment
Payment Interest Part
Payment Principal Part
Cash Flow
Repairs/Construction
Cash Flow Before Taxes
Depreciation 0
Taxes
Cash Flow After Taxes

Note: All amounts in the table above are in $0

Resale Price Evaluation Methods

The property is sold after 10 years. Below is the resale price calculated using different methods.

Appreciation (3.00%) $0 853,387
Cap Rate (4.54%) & NOI $0 634,361
Gross Rent Multiplier $0 635,040

Sale Proceeds

Projected Selling Price $0 853,387
Costs of Sale (7.00%) $0 59,737
Net Sale Proceeds Before Tax $0 793,650

In the resale analysis we do not include any calculation for taxes that might be owed on sale of the property. The tax laws for the resale are rather complex and subjected to frequent changes.

Net Assets and Yield

Net Assets
Sale Proceeds Before Tax $0 793,650
Investor Cash Outlay $0 611,750
Net Assets $0 181,900
Average Yield
Annual Net Assets $0 18,190
Average Cash Flow (After Taxes) $0 0
Average Annual Gain (After Taxes) $0 0
Average Annual Yield (After Taxes) 0.00 %

This charts shows Net Present Value (NPV) when property is sold in various years, i.e. when sold in 5th year, the NPV is calculated from 5 years of Cash Flow (including the selling price) and this NPV is displayed in year 5. Optimal holding period can be estimated, using this method - when NPV is the highest. Please note that appreciation growth can change these numbers greatly. It sometimes makes sense to sell the property even before the end of the mortgage term.

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