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Free Rental Strategy Calculator

Smith Manoeuvre + Cash Damming Calculator

Own rental properties? See how combining the Smith Manoeuvre with cash damming could put your equity and rental cash flow to work — converting non-deductible debt into a tax-deductible investment loan. Answer a few quick questions for an instant estimate. No obligation, and it takes under a minute.

Smith Manoeuvre + Cash Damming Calculator

Answer a few quick questions about your rental properties and your primary residence.

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1
Rentals
2
Residence
3
Contact
Rental Property 1
$
Please enter this property's estimated value.
$
Enter 0 if this property is mortgage-free.
Rent collected, minus mortgage payment and expenses.
$
Please enter a monthly net cash flow (0 if it breaks even).
Rental Property 2

Only have one rental? Enter 0 for this property's value, mortgage, and cash flow.

$
Please enter this property's estimated value (0 if none).
$
Enter 0 if this property is mortgage-free or not applicable.
Rent collected, minus mortgage payment and expenses.
$
Please enter a monthly net cash flow (0 if none).
Primary Residence & Income
$
Please enter your home's estimated value.
This is the non-deductible debt cash damming pays down faster.
$
Enter 0 if your home is mortgage-free.
Please select your province.
Used to estimate your marginal tax rate. Please select your household income range.
Where Should We Send Your Results?
Please enter your first name.
Please enter your last name.
Please enter a phone number.
Please enter a valid email address.

Your Personalized Estimate

Based on the numbers you entered, here's how the Smith Manoeuvre and cash damming could work together across your rental properties and your primary residence.

Combined Rental Equity (Today)
$0
Combined estimated value of your rental(s) minus what's still owed on them.
Equity You Could Access Now (Refinance to 80% LTV)
$0
A common ceiling lenders use for HELOCs and readvanceable mortgages against rental properties.
Extra Non-Deductible Debt Paid Down Per Year
$0
Your combined rental cash flow, redirected to accelerate paydown of your primary residence mortgage — the core of cash damming.
New Tax-Deductible Investment Loan Created (Year 1)
$0
Equity accessible now, plus the first year of cash damming paydown, re-advanced under the Smith Manoeuvre into an investment loan.
Estimated Annual Tax Savings
$0
Illustrative estimate if that investment loan were deployed at your marginal tax rate and an assumed 5.65% borrowing rate.

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These figures are illustrative estimates only, generated for educational purposes based on the information you provided. They do not constitute a mortgage approval, financial advice, tax advice, or investment advice. Actual amounts depend on lender criteria, appraised value, underwriting, documented use of borrowed funds, and your individual financial and tax situation. Speak with a licensed Wise Equity advisor before making any financial decisions. Wise Equity Inc. — Lic #M19002342, FSRAO Brokerage #13463.

How these two strategies work together

The Smith Manoeuvre converts the equity in a home into a tax-deductible investment loan, one re-advance at a time, as your mortgage principal gets paid down. Cash damming uses your rental income to accelerate that paydown — rent covers your non-deductible primary mortgage, while a separate credit facility covers deductible rental expenses. Owning rental properties gives you two sources of leverage at once: the equity available to re-advance, and the cash flow available to accelerate paydown. This calculator is built to show both working together.

Want the full picture first? Read how the Smith Manoeuvre works and how cash damming works on their own pages.

Before you rely on the numbers

Combining these strategies depends on clean separation between rental and personal cash flow, properly documented use of borrowed funds, and lender approval for the refinance amounts shown. Interest is only deductible where the borrowed money is used to earn income, and the rules are specific to your situation. This calculator does not assess suitability — that takes a real look at your properties, your existing debt, and your tax position.

Frequently Asked Questions

If you own rental property, you have two sources of leverage: the equity in the properties themselves, and the cash flow they generate. Cash damming puts the cash flow to work paying down non-deductible debt faster; the Smith Manoeuvre puts the resulting equity to work as a tax-deductible investment loan. Used together, each one accelerates the other.
No. Cash damming applies to a single rental property just as well as two, and works just as well with business income as rental income — what matters is having recurring deductible expenses and non-deductible debt you want to pay down faster. If you only have one rental, enter 0 for the second property.
They're an illustration based on the figures you enter, not an assessment or an offer of credit. Your actual numbers depend on lender qualification, a current appraisal of your properties, your credit profile, and how the strategy is structured.
A Wise Equity advisor will follow up personally to walk through your results. You can also skip ahead and book a call directly using the button above.
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