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

Cash investment CMHC MLI Select CMHC ACLP Conventional loan

Build typePurpose-built rental Condominium Land subdivision Custom build

Custom build — 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.

Project nameLocationTotal GFA (sf)

Results

Download the completed proforma as a spreadsheet or a report.

PRE-SUBMISSION DRAFT — NOT A CERTIFIED COST REPORT

Export

Total project cost

$0 / unit · $0 / sf

Completed market value

Finished home — no rent roll

Max conventional loan

Binding: Loan-to-Cost / Loan-to-Value / DCR (tied)

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

Advancing

Construction advancing & equity required

Total funded loan$0

Advance cap during construction (no holdback)75%

Advanced during construction$0

Rental achievement holdback$0

Peak equity required (before holdback release)$0

Equity remaining after stabilization$0

Equity required before first advance$0

Loan sizing

Lesser of three lender tests

Eligible cost basis (excl. financing fees & premium)$0

1 · Loan-to-Cost test$0

As-complete lending value (NOI ÷ cap rate)$0

2 · Loan-to-Value test$0

Annual mortgage constant4.0000%

Contract rate0.00%

Qualifying rate (higher of contract & market)0.00%

Qualifying mortgage constant4.0000%

3 · DCR test (at qualifying rate)$0

Maximum base loan — Loan-to-Cost / Loan-to-Value / DCR (tied)$0

Total funded loan$0

Annual debt service$0

DCR at contract rate0.00×

DCR at qualifying rate0.00×

Replacement reserve (deducted from NOI)$0

Underwriting NOI (after reserve)$0

Monthly payment$0

Repayment basisAmortizing

Balance at end of 5-year term$0

Effective loan-to-cost0.0%

Property

Acquisition & carry

TenureFree & clear

Purchase price$0

Closing fees (lending, brokerage, legal)$0

Cash required at close$0

Property tax during carry$0

Uses of funds

Development budget

A — Project Cost (owner-entered)$0

G — Operating to Stabilization$0

H — Conventional Construction Loan Costs

H1 Lender / Commitment Fee$0

H2 Mortgage Brokerage Fee$0

H3 Standby Fee on Undrawn Funds (computed)$0

H4 Draw / Administrative Fees$0

H5 Lender's Legal Fees$0

H6 Appraisal$0

H7 Discharge Fee$0

H8 Interest During Construction (18 months, computed)$0

H9 QS / Cost Consultant (draw monitoring)$0

Subtotal — H Conventional Construction Loan Costs$0

I — Contingencies & Escalation

I1 Hard Cost Contingency (on hard construction)$0

I2 Escalation Allowance (on hard construction)$0

I3 Soft Cost Contingency$0

Subtotal — I Contingencies & Escalation$0

J — Government Taxes$0

Total project cost$0

Hard cost / sf

$0.00

Soft cost / sf

$0.00

Cost / sf GFA

$0.00

Cost / unit

Contingency & escalation added by the app: $0.

Capitalization

Equity remainder & returns

Total project cost (incl. premium)$0

CMHC insured loan funded-$0

Potential government subsidy-$0

Equity remainder$0

Equity remainder as % of TPC0.0%

Investor equity retained$0

Sponsor equity retained$0

Investor cash invested$0

Year 1 investor distribution$0

Year 1 ROI on equity retained0.0%

Year 1 ROI on cash invested0.0%

Total 5-year distributions$0

5-year distribution multiple0.00×

Average yearly ROI on equity retained0.0%

0 units · 0 sf GFA · gross potential revenue $0 per year.