Qualify for investment property financing on rental cash flow—not personal income. DSCR loans for Indiana real estate investors with The 2 Mortgage Guys.
Qualify on rental property cash flow — not personal income docs. Built for Indiana investors buying, refinancing, and scaling rental portfolios.
DSCR stands for Debt Service Coverage Ratio — a simple measure of whether a rental property earns enough to cover its mortgage payment.
Lenders divide the property's gross monthly rent by the total monthly housing cost (principal, interest, taxes, insurance, and HOA when applicable). When that ratio meets program minimums, the deal can qualify even if your personal tax returns don't tell the full story.
Guidelines vary by investor, property type, and loan amount. This overview is educational — your file gets reviewed against current product rules.
The formula
DSCR =
Gross Monthly Rent
Total Monthly PITIA
A 1.0 ratio means rent equals the payment. Many programs target 1.0 or higher; some allow lower with compensating factors.
Investor Tool
Estimate debt service coverage for a rental — enter rent and proposed loan terms to see ratio, PITIA, and monthly cash flow before you write an offer.
Use lease rent, market rent, or documented STR average — whichever your investor program allows.
Your DSCR results will show here
Enter rent and loan details, then hit Calculate DSCR.
Add a loan amount or PITIA costs
We need a payment (or taxes/insurance) to divide rent by. Adjust inputs and calculate again.
Estimated DSCR
This calculator is for informational purposes only. Results are estimates and are not exact — they do not include all closing costs, prepaid interest, or escrow deposits. DSCR = gross monthly rent ÷ PITIA; final ratios use appraisal rent, actual taxes, insurance, and investor overlays. Contact us for a personalized quote.
From property cash flow to keys in hand — the underwriting path investors follow.
Real estate investors — not primary-home buyers looking for owner-occupied agency financing.
Not the right fit if…
— You plan to live in the property as your primary residence
— You need agency down payments below investor minimums
— The property cannot support a qualifying rent-to-payment ratio
Underwriting weighs whether the asset pays for itself. That opens doors for investors whose personal returns don't reflect actual cash flow.
Typical target: 1.0+ DSCR
Typical investor guidelines — your scenario may differ. We confirm exact numbers before you write an offer.
All loans subject to credit and property approval. Program guidelines vary by investor and change without notice.
A straightforward path from first conversation to closing.
Mortgage Knowledge Center
Straight answers on DSCR math, down payment, credit, reserves, rates, prepay, and more — written for Indiana investors.
Talk with Ryan and Steve about DSCR pre-approval for Indiana investment properties — or run your numbers in the calculator first.