Foreign-National DSCR Calculator
Check a property's debt-service-coverage ratio using its rent and a modeled housing expense. A lender still confirms the property, borrower, and final terms.
For buyers evaluating a rental's property-level financing fit.
This illustration starts at 30% down; lender minimums vary.
This calculator uses property rent and modeled housing expense; it does not use a US credit score, SSN, or ITIN. Taxes, insurance, and association dues use illustrative Houston assumptions. A lender confirms the property, borrower, and terms.
DSCR
rent ÷ housing cost
Estimated housing expense / mo
Illustrative range, not a rate quote
Not yet
At this price and rent, the property does not cover its modeled housing expense yet. Raising your down payment to about 45% would bring the modeled DSCR to 1.0, or try a higher rent or lower price.
This is normal in pricier markets. More rent, a lower price, or more down can improve the fit.
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Check the property's fitWhat the numbers mean
- DSCR (debt-service-coverage ratio)
- The property's monthly rent divided by its modeled monthly housing expense. At 1.0, rent exactly covers that modeled expense; above 1.0 there is a cushion. DSCR is one property-level input a lender may use; borrower requirements vary.
- PITIA
- The modeled monthly housing expense used in the ratio: mortgage debt service, property taxes, insurance, and any association dues. Management and maintenance are not included in this denominator.
- How lenders use property rent
- DSCR lenders primarily test whether rental income covers the modeled housing expense. Borrower documents, credit checks, and program rules vary by lender, so this tool estimates property fit rather than approval.
A worked example
The ratio is simple once you have the two monthly figures. For example, a property renting for $2,300 a month against a $2,090 monthly housing cost:
Modeled housing expense is shown across the disclosed illustrative nominal rate band. It is not a rate quote or offer.
How to read your results
1.0 marks modeled coverage
At 1.0, rent covers modeled mortgage debt service, taxes, insurance, and association dues. Below it, rent does not cover that modeled housing expense. Actual lender thresholds and terms vary.
Below 1.0 isn't a dead end
Three levers can move the ratio: put more down, use a higher rent, or use a lower price. When mathematically attainable, the tool estimates the down payment that reaches 1.0; otherwise it explains that no down-payment percentage can reach the target under these inputs.
Housing expense is a range, not a quote
The tool shows modeled housing expense across an illustrative nominal rate band. Treat it as a planning estimate, not a rate or financing offer.
Common questions
Do I need US credit or an SSN?
Some foreign-national DSCR programs can underwrite without a US credit score or SSN, but requirements vary. A lender must confirm the property, identity documents, assets, and borrower eligibility.
Is the housing expense a rate quote?
No. It is an illustrative range across the disclosed nominal rate band. Actual pricing is confirmed during underwriting for the specific property and borrower.
What if my DSCR is below 1.0?
Rent does not cover the modeled housing expense at these inputs. More down, higher rent, or a lower price can raise the ratio. If 1.0 is attainable, the tool estimates the needed down payment; otherwise it says the target cannot be reached under these inputs.
How much down payment do I need?
This illustration starts at 30% down. Actual minimums and terms vary by lender, property, and borrower.
Keep going
How this is calculated
How the ratio works
- DSCR = expected monthly rent ÷ modeled monthly housing expense (mortgage debt service, property taxes, insurance, and association dues).
- A ratio around 1.0 means rent covers the modeled housing expense. Lender thresholds and terms vary.
Assumptions
- Modeled housing expense is shown across the disclosed illustrative nominal rate band; it is not a rate quote.
- Taxes, insurance, and association dues use illustrative market assumptions; you set price, rent, and down payment.
What it isn't
- Not a rate quote, a pre-approval, or a credit decision.
- It is a property-fit estimate under the inputs shown. Any financing decision is made by a lender for the specific property and borrower.
The full method across every tool: How we calculate these →
Dara is a fintech company, not an FDIC-insured bank. Banking, card and property-financing services provided by licensed partners. Protections vary by product. Calculator results are illustrative educational estimates, not financial, tax, investment, lending, or rate advice. Property costs, financing terms, FX, and reward assumptions are confirmed by the relevant provider where applicable.