Commercial Mortgage Suite

lendsimpl · FSRA #13763 · Rates: April 2026

Deal Parameters

$
%
%
yrs
yrs

Income & Expenses

$
%
Operating Expenses
%

CMHC Insurance

Apply CMHC MLI Select

Enables LTV up to 85% for eligible multifamily

Premium: 2.8% of loan

Premium amount: $63,000

Rates as of April 2026

Debt Service Coverage Ratio

1.23x

Marginal — tight underwrite

Minimum DSCR

1.10x CMHC · 1.20x conv.

Effective rate: 5.22%

NOI (Annual)

$185,250

EGI: $285,000

Cap Rate

6.17%

NOI / price

Loan Amount

$2,313,000

Incl. $63,000 CMHC

Monthly Payment

$12,552

Annual DS: $150,626

Equity (Purchase)

$750,000

25.00% down

Balance at Term End

$2,126,862

After 5yr term

Income Waterfall

Gross Rental Income$300,000
Vacancy Loss (5%)− $15,000
Effective Gross Income$285,000
Operating Expenses (35%)− $99,750
Net Operating Income$185,250
Annual Debt Service− $150,626
Cash Flow After Debt$34,624

Print Deal Summary

Deal Notes

lendsimpl · FSRA #13763 · All calculations use Canadian semi-annual compounding per the Interest Act (Canada).

For illustration only. Not a commitment to lend. Terms