Calculator
Tampa Bay DSCR Calculator
TL;DR: Enter the monthly rent, your taxes and CDD, landlord, wind and flood premiums, HOA dues, and the loan amount, rate and term from your own quote. The calculator shows the full monthly payment, your DSCR and what that ratio usually means. We never pre-fill a rate.
Your estimated DSCR
Enter the monthly rent, the loan amount and the interest rate from your quote. Add taxes, CDD, insurance, flood and HOA for a full payment. Your ratio and a plain-English read appear here.
How this calculator works
DSCR is monthly rent divided by the full monthly payment. The payment here is principal and interest (calculated from your loan amount, rate and term) plus one-twelfth of your annual property tax, CDD assessment, landlord and wind premium and flood premium, plus monthly HOA or condo dues.
We split out CDD and flood on purpose: they are the two lines Tampa Bay investors most often forget. Read CDD assessments in DSCR math and flood zones and your DSCR for why.
Why there is no default rate
Pricing on DSCR loans depends on the property, the ratio, credit, reserves, the loan structure and the wholesale lender, and it changes often. A built-in rate would be a guess dressed up as a number. Use the rate from a quote you actually received, or send your scenario and we will compare live programs.
Making the most of your result
- Below 1.00? Test what a wind mitigation inspection could do by lowering the insurance line; see wind mitigation and your DSCR.
- Test a smaller loan amount to see how much down payment or cash-out changes the ratio.
- Compare a long-term lease with short-term income; see STR vs LTR DSCR.
- Understand every input in how lenders calculate DSCR.
Like the ratio?
Send the scenario and we will compare wholesale DSCR programs for that Tampa Bay property.