How to go about securing the best return for your investment in Canada.
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SACRAMENTO, Calif. – California closed an ugly chapter in its financial history on Wednesday by making its final payment on $14.2 billion in costly borrowing that plugged a budget deficit 11 years ago but eventually cost taxpayers about $5 billion in interest and fees.
State Treasurer John Chi.... More »
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Get real about your real estate returns
– moneysense.ca
The cash-on-cash return looks at annual operating cash flows net of mortgage costs and compares them to your cash investment (your down payment). The capitalization rate ignores the mortgage payments and compares operating cash flows to the full purchase price. Look for a cap rate significantly higher than the interest rate on the mortgage, and higher than the returns on safer investments. Otherwise you’re not being compensated for the effort and risks associated with investing in real estate.Rui Torrao’s 10% cap rate target is very difficult to find these days: a recent analysis by Boardwalk REIT found cap rates for high-quality large apartment buildings ranged from 3.75% to 4.75% in Vancouver and 5.75% to 6.75% in southwest Ontario. In this hypothetical example, we’ve assumed you put 50% down on a property valued at $300,000. We’ve also assumed the mortgage interest rate is 3.5%, amortized over 25 years.
Analysts see new hope at MTS … and new questions at Valeant
– theglobeandmail.com
Analysts at Veritas Investment Research dig deeply into the books at both companies
4.5 year – 2.45%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
5.5 year – 2.70%
– ratesupermarket.ca
This GIC rate is offered by Outlook Financial and was updated on 2013-03-14. Click on the link above to get more details or apply online.
