DSCR Loan Rental Property Calculator
DSCR loans qualify based on rental income alone — no tax returns, no W-2. The property's DSCR must hit the lender's minimum (1.10-1.25× typical). This tool runs the math and the max loan size.
| Annual rent | — |
| Annual P&I | — |
| Annual taxes + insurance + HOA (PITIA) | — |
| Total annual debt service | — |
| DSCR (rent ÷ PITIA) | — |
| Lender minimum | — |
| Verdict | — |
DSCR rental loans (debt service coverage ratio) qualify on the property's rental income alone — no W-2, no tax returns, no personal DTI. The property's monthly rent divided by PITIA (principal+interest+taxes+insurance+association) must meet the lender's minimum DSCR.
DSCR Loan Basics
Lender ignores your personal income. They underwrite the property. If the rent covers PITIA × min DSCR, the loan funds. Typical minimums: 1.00× (no margin), 1.10× (common), 1.25× (conservative). Lower minimum = higher rate.
Eligible Properties
1-4 unit residential (SFR, duplex, triplex, fourplex), short-term rentals (with 12-month rent history or AirDNA estimate), small multifamily 5-8 units, condo (warrantable). Vacant land and ground-up construction usually excluded.
Pricing and Down Payment
Rates typically 0.5-1.5% above conventional investment property. Down payment 20-25% standard, 25-30% for cash-out refi. Many lenders cap loans at 75% LTV for purchase, 70% for refi. 680+ FICO common.
DSCR vs Conventional Investment Loan
Conventional needs W-2 + tax returns + DTI under 50%. DSCR skips all that — perfect for self-employed, real estate professionals with multiple properties, or anyone whose tax returns show low income due to depreciation/expenses.
Last updated May 2026. Sources: Fannie Mae Investor Loans.