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.
Light 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.
Purpose-built rental — quick feasibility proforma
Work through the sections one at a time. Enter one total project cost — no breakdown needed. Contingency and escalation are added if your number doesn’t already carry them, and all CMHC premiums, application fees and lender charges are pulled from the CMHC schedule automatically.
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
H — CMHC & Financing Costs
I — Contingencies & Escalation
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.