Cash Flow Comparison
See how MLI Select financing compares to conventional lending on your multi-unit rental property.
The total purchase price or appraised value of the building. For new construction, this is the total development cost.
How many rental apartments or suites are in the building. MLI Select requires a minimum of 5.
The average monthly rent you expect to collect per unit. Include both market-rate and affordable units in this average.
The percentage of your rental income that goes to expenses like property tax, insurance, maintenance, property management, and utilities. 35% is typical for well-managed multi-unit buildings.
Your project's score from the Score Calculator. This determines your LTV and amortization — which directly affects your monthly payment and cash flow.
MLI rate: 3.65% (CMB-backed). Conventional: 5.5%, 75% LTV, 25yr amort. These are illustrative defaults — actual terms vary.
MLI SELECT
ConventionalDown Payment
$250,000$1,250,000The cash you need upfront. With MLI Select at 95% LTV, you only need 5% of the property value. Without it, banks typically require 25%.
Loan Amount
$4,750,000$3,750,000Interest Rate
3.6%5.5%Amortization
45 yrs25 yrsMonthly Mortgage
$17,925$23,028Your monthly loan payment including principal and interest. Lower payment = more cash in your pocket each month.
Monthly NOI
$48,750$48,750Your rental income minus operating expenses, BEFORE paying the mortgage. This is the money available to cover your loan payment.
Monthly Cash Flow
$30,825$25,722What's left after paying the mortgage from your NOI. Positive = money in your pocket every month. Negative = you're paying out of pocket. This is the number that matters most.
Cash-on-Cash Return
148.0%24.7%Your annual cash flow divided by your down payment. It tells you the percentage return on the actual cash you invested. 10% means you earn $10 per year for every $100 you put in.
DSCR
2.72x2.12xHow many times your NOI covers your mortgage payment. CMHC requires at least 1.10x for standard rental — meaning your income is at least 10% more than your mortgage. Higher is safer.
Down Payment Saved
+$1,000,000
Monthly Advantage
+$5,103
Annual Advantage
+$61,240
This comparison uses simplified assumptions. Actual financing terms depend on lender requirements, property specifics, and current market conditions. Always consult with a qualified mortgage professional.
Results are illustrative only. Actual financing terms depend on lender requirements, property specifics, and current CMHC guidelines. Always verify at cmhc-schl.gc.ca.