A ratio, not an approval
Divide monthly rental income by monthly housing expense. This tool includes principal and interest, taxes, insurance, and HOA. Use monthly figures for every field.
A simple example
With $3,200 in rent and $2,500 in monthly expense, estimated DSCR is 1.28. A result of 1.00 means the two amounts are equal.
Look beyond the calculator
Vacancy, management, maintenance, and repairs affect actual returns and are not included in this formula. A lender may use different rents or adjustments. Confirm its methodology before making a decision.
Programs, terms, and availability are subject to review, approval, eligibility, and change. This website is not a commitment to lend. Financing for investment properties, not primary residences.