DSCR benchmark

What is a good DSCR for a rental property?

A good DSCR is usually one that clears the lender's required coverage ratio with some cushion. Investors often model 1.00 as break-even debt coverage, 1.20 as a stronger screen, and 1.25 as a common conservative target, but actual requirements vary by lender and loan scenario.

How to read common DSCR levels

DSCRPractical meaning
Below 1.00Estimated NOI does not cover the estimated monthly debt payment.
1.00Property income roughly covers debt service, before lender adjustments.
1.20Income has a cushion above the debt payment.
1.25+A stronger screen many investors use before requesting terms.

Why the target changes

Lenders can adjust DSCR requirements based on LTV, credit profile, reserves, property type, market, loan purpose, and whether the income is lease-based or short-term rental income. A deal with a low LTV may be treated differently from a high-LTV cash-out refinance.

What to calculate next

See whether your scenario clears 1.20 or 1.25.

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Educational information only. DSCR Desk is not a lender, mortgage broker, or loan originator.