Build a better rental property analysis.
Start with the question you need to answer. Each guide connects the numbers to the assumptions behind them, with Canadian-dollar examples you can change.
Run your rental numbersUnderstand the income
Start with the money coming in and the costs it needs to cover.
Rental cash flow calculator
Estimate rental cash flow in CAD after vacancy, operating costs, reserves and mortgage payments. Free calculator with Canadian mortgage math.
Read the guideHow much rent does your property need?
Calculate the rent and income collection needed to cover rental property costs, reserves and Canadian mortgage payments. Includes a worked example.
Read the guideBuild a rental budget you can explain.
Build a rental budget with upfront cash, operating costs, maintenance, capital reserves and financing. A practical checklist for Alberta investors.
Read the guideCompare the investment
Separate operating yield, financing coverage and long-term returns.
Cap rate calculator
Calculate rental property cap rate using income after vacancy and operating costs. Understand NOI, financing and cash-on-cash return with a worked example.
Read the guideCan rental income cover the mortgage?
Estimate rental debt-service coverage from annual NOI and Canadian mortgage payments. Compare the base and stress cases and understand its limits.
Read the guideKnow what is behind the numbers
Review Canadian mortgage formulas, NOI, cash-on-cash return, cumulative ROI, annual IRR, reserves and sale assumptions used by the MITEY rental calculator.
Read the guideApply it to a property
Build a more specific budget for an Alberta rental or a multi-unit building.
Run the numbers on a Calgary rental
Analyse a Calgary rental with CAD cash flow, financing, condo fees, vacancy and reserve assumptions. Includes an illustrative Alberta due diligence checklist.
Read the guideFourplex investment analysis
Evaluate a fourplex with unit-by-unit rents, vacancy, operating expenses, reserves and financing. See cash flow and a combined downside scenario.
Read the guidePut your numbers into context.
Bring your analysis to a MITEY professional for a property or financing conversation.