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Spreadsheet · Excel

Multifamily Deal Analyzer

A working model for the building — then a CMHC sizer for the loan.

Direct answerThe multifamily deal analyzer is an Excel workbook to size NOI, cash in, and cash flow after debt on a 5+ unit Canadian property. Enter in-place rents and do not zero replacement reserve. After you have NOI, use the CMHC MLI max-loan calculator for Select vs Standard proceeds.

Educational. Confirm live lender terms.

What this is

A gated Excel template for 5+ unit Canadian files: income, operating expenses, NOI, a simple loan, and cash-on-cash. It is not a CMHC engine; pair it with the max-loan tool.

Separate the building from the program

Get NOI honest first. Then choose Select, Standard, or conventional.

In-place rents only

The landing tells you not to type the listing pro forma into the sheet.

Reserve line stays

Zeroing replacement reserve inflates cash flow you will not have on a CMHC screen.

What the spreadsheet sizes 03
  • NOI from rent and operating expenses

  • Loan proceeds and cash in

  • Annual cash flow after debt service

How to use it 03
  • Enter in-place rents, not listing asking rent

  • Do not zero replacement reserve on a CMHC screen

  • Compare Select vs Standard on the max-loan calculator after you have NOI

Questions

Does this calculate MLI points?
No. Use the MLI Select points calculator. This sheet is operations and a simple loan.
Can I use this on a duplex?
It is built for 5+ unit thinking. For 1–4 use the property cash-flow or DSCR tools.

Email to download

Name and email. We send the file and can follow up on the matching desk.

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How Much Can You Finance on Multifamily?

Use the MLI calculator and talk to CMHC specialists.

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