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Canadian rental investor calculators
Compare the five numbers that decide whether a Canadian rental property is financeable, cash-flow positive, and worth deeper diligence: cap rate, DSCR, break-even rent, cash-on-cash return, and full rental ROI.
Published: 2026-07-29 · Verified: 2026-07-29 · Author: Sunny
A Canadian rental property should be screened with more than one ROI number. Use cap rate to compare the property before financing, DSCR to test debt coverage, break-even rent to see the required rent, cash-on-cash return to measure your cash, and the full ROI calculator to review the deal together.
| Metric | Best for | Canadian note |
|---|---|---|
| Cap rate | Comparing properties before financing | Use NOI before mortgage payment so cities and properties compare cleanly. |
| DSCR | Checking financeability | Canadian mortgage debt service should use semi-annual compounding. |
| Break-even rent | Testing rent needed to stop monthly losses | Vacancy should raise required gross rent, not be ignored. |
| Cash-on-cash return | Measuring return on invested cash | Include down payment, land transfer tax, closing costs, and repairs for real offers. |
| Rental ROI | Whole-deal screening | Use multiple metrics because one high number can hide weak debt coverage. |
| Scenario | Output | What it means |
|---|---|---|
| $800k property, $3,000 rent | 3.52% cap, 0.63 DSCR | Positive NOI, but debt service is too high in the example. |
| $600k property, $2,800 rent | 4.22% cap, 0.76 DSCR | Better property-level yield, still weak coverage after financing. |
| $400k property, $2,200 rent | 5.07% cap, 0.91 DSCR | Closest to break-even, but still below 1.0 DSCR before tax. |
Calculator outputs use the shared usecos mortgage and rental-investor math. They are pre-tax estimates for screening, not advice. Replace default assumptions with property-specific rent, vacancy, operating costs, condo fees, financing, closing costs, and repair reserves before relying on a result.
Canadian mortgage-payment examples use semi-annual compounding. Rental examples reduce gross rent for vacancy before operating expenses and debt service are compared.