DSCR calculator
Does the rent cover the full loan payment?
DSCR is the monthly rent divided by the full monthly payment: principal and interest, property taxes, insurance and any HOA dues. At 1.20x the rent is 20% more than the payment. Enter a rental below; the answer updates as you type.
The rent
The lease rent, or what similar rentals nearby get. A lender uses the lease or the appraiser's rent estimate, often the lower of the two.
The loan
Many DSCR lenders want 20-25% down.
Property taxes, insurance and HOA
A DSCR lender counts these in the monthly payment. They are added to the payment, never taken off the rent.
The yearly tax bill divided by 12.
A landlord policy, yearly premium divided by 12.
Leave blank if the house has none.
Not part of the lender's ratio. A DSCR lender does not count vacancy, repairs or management, but you pay them. Our market pages set aside 25% of rent for them (5% vacancy, 10% repairs, 10% management); change the numbers to fit your house.
Utilities, lawn care, anything the tenant does not pay.
Your cash flow appears here once the ratio does.
Not there yet?
Try a lower price, a bigger down payment or a house that rents for more, or read how DSCR works before you apply.