01 Net operating income & target DSCR
Enter the property's annual cash flow available for debt service, then pick the coverage target you underwrite to.
$
×
Net operating income—
Max debt service @ target—
02 Debt schedule
One line per loan — a name and the annual principal + interest payment. The sum of all lines is the total annual debt service.
| Loan | Annual principal + interest | |
|---|---|---|
| Total annual debt service | — |
Loan lines0
Largest annual payment—
03 Plain reading
The result, in ordinary language.
Enter your net operating income to begin the DSCR check.
How to read it: a DSCR of 1.00 means total debt service exactly equals NOI — the property breaks even, with no cushion. Above 1.00, cash flow clears the debt with surplus left over; below 1.00, current operating cash flow cannot fully meet the annual debt service.
The coverage line appears once the NOI, target DSCR, and a complete debt schedule are entered.