This model is an independent estimate produced by DoBuild Proforma Studio. Premium and fee figures follow CMHC’s published multi-unit schedule effective 2025-07-14, but loan sizing, underwriting value and program eligibility are determined solely by CMHC and the Approved Lender. Lender-side charges are market estimates, not published CMHC figures. Nothing here is a commitment, quote, or approval.
Detailed version
CMHC MLI Select is not available for this project as entered
- Multi-unit insurance requires 5 or more housing units; this project has 0.
Switch to a conventional construction loan or cash, or change the inputs that fail the test. The figures below still compute, but they are not a route this project can take.
Untitled project
Purpose-built rental
Location not set
Derived from the breakdown
Target governs · variance n/a- Dwelling suites
- 0
- Enter a target count or a suite breakdown — there is nothing to compute.
Results
Download the completed proforma as a spreadsheet or a report.
PRE-SUBMISSION DRAFT — NOT A CERTIFIED COST REPORT
Total project cost
$0
$0 / unit · $0 / sf
Stabilized NOI (Yr 1)
$0
EGI $0
Max insured loan
$0
Binding: Loan-to-Cost / Loan-to-Value / DCR (tied)
Stabilized DCR
0.00
Below minimum DCR
Report accuracy
Estimate only · 0% verified
0% of total project cost is anticipated (estimated) and 0% is verified (quoted or contracted).
Verified
0% · $0
0 lines
Anticipated
0% · $0
0 lines
App-calculated
0% · $0
Rates outside guideline (1)
Amortization — you entered 50 years, guideline is 25 years
A 0-point tier does not qualify for an amortization longer than 25 years.
Source: CMHC Multi-unit Fees and Premiums (66798 20250513-002A), effective 2025-07-14
Program checks
- 50-year amortization exceeds the 25-year maximum at 0 points.
- CMHC requires minimum project equity of 25% before the first advance when a rental achievement holdback applies (5% otherwise).
Advancing
Construction advancing & equity required
Loan sizing
Lesser of three CMHC tests
Valuation
Anticipated terminal value (cap rate)
Property
Acquisition & carry
Uses of funds
Development budget
A — Property Acquisition & Land
B — Construction
C — Design, Engineering & Soft Costs
D — Legal & Administration
E — Development Fees & Permits
F — Marketing & Leasing
G — Operating to Stabilization
H — CMHC & Financing Costs
I — Contingencies & Escalation
J — Government Taxes
Hard cost / sf
$0.00
Soft cost / sf
$0.00
Cost / sf GFA
$0.00
Cost / unit
$0
Contingency & escalation added by the app: $0.
CMHC schedule
How the CMHC & lending costs were derived
Operations
5-year net income projection
| ($) | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|
| Gross potential revenue | $0 | $0 | $0 | $0 | $0 |
| Less: vacancy & bad debt | -$0 | -$0 | -$0 | -$0 | -$0 |
| Effective gross income | $0 | $0 | $0 | $0 | $0 |
| Less: operating expenses | -$0 | -$0 | -$0 | -$0 | -$0 |
| Net operating income | $0 | $0 | $0 | $0 | $0 |
| Less: debt service | -$0 | -$0 | -$0 | -$0 | -$0 |
| Net cash flow | $0 | $0 | $0 | $0 | $0 |
| DCR | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cumulative cash flow | $0 | $0 | $0 | $0 | $0 |
Capitalization
Equity remainder & returns
0 units · 0 sf GFA · gross potential revenue $0 per year.