ENTERING ORBIT…
ENTERING ORBIT…
Ratio instrument
Gross rent divided by PITIA — the one number a DSCR file lives or dies on. P&I is computed on a 30-year amortization.
PITIA $2,623/MO (30-YR P&I $2,183)
1.07DSCR
The property carries itself, barely — expect tighter LTV or pricing near the 1.00 floor.
Most DSCR programs price in bands: 1.20+ earns the best LTV and pricing, 1.00–1.19 is standard, and below 1.00 moves you into no-ratio or sub-1.0 programs with lower LTV caps. Some investors qualify on the interest-only payment — try the IO flip if your ratio is close.