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Monthly rent

Vacancy allowance

Some lenders assume 5%.Taxes (monthly)

Insurance (monthly)

HOA (monthly)

Lender's minimum DSCR

Usually 1.00 – 1.25.

Loan amount

Rate

Term (months)

360 = 30 years.

Interest only

DSCR

1.10

Short of 1.20 — needs $3,057/mo rent, or a loan of about $269,352.

Rent used$2,800.00

Principal & interest$2,097.64

Taxes, insurance, HOA$450.00

Full monthly payment$2,547.64

Rent needed for 1.20$3,057.17

Largest loan at 1.20$269,352

An estimate from the numbers you type. Not an approval, a quote, or a commitment from any lender — terms come only from the lender in writing.

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