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Rental Deal Underwriter
Underwrite a rental the way a bank would: NOI, DSCR, cap rate, cash-on-cash, and how big a loan the rent can support.
Today's rates
Loading…Rates are for information only, not an offer of credit. Published benchmark rates as of the dates shown; your actual loan rate will differ. Sources credited on each rate. What they mean →
Educational estimates only, not financial, lending, or investment advice; verify with a professional. Results are only as good as your inputs. Real lenders use their own rules, rates, and appraisals, and nothing here guarantees approval, rent, or returns. Your numbers stay in your browser. Disclaimer
Results
DSCR (debt service coverage) ?
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Net operating income (NOI, yr) ?
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Annual debt service ?
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Monthly P&I payment ?
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Monthly cash flow ?
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Cap rate ?
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Cash-on-cash return ?
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Loan-to-value (LTV) ?
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Break-even occupancy ?
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Total cash needed ?
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Loan amount ?
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Max loan at 1.25x DSCR ?
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Implied max price at your down %: —
How we got NOI
| Gross potential income | |
| Less vacancy & credit loss | |
| Effective gross income | |
| Management | |
| Repairs & capex | |
| Total operating expenses | |
| Annual cash flow |
Need financing? See lenders on our Tools page.
How a banker reads these numbers
- DSCR is the headline. Under about 1.25x, many banks will cut the loan size or ask for more down.
- Break-even occupancy above roughly 85-90% means one bad month can push you negative.
- Max loan shows the loan the rent supports. If it is lower than the loan you need, the gap usually comes out of your pocket.
- Use a stress test: raise the rate 1%, or raise vacancy, and see if the deal still works.