How to read a DSCR loan screen
Debt-service coverage answers one question: how much income shows up for every dollar of required payment? This page runs the simplified residential version, dividing monthly gross rent by the principal, interest, property taxes, insurance, and association dues you entered.
Check it against your own target
A result of 1.20x means $1.20 of modeled gross rent for every $1 of housing payment. The target you typed in is a placeholder until a lender confirms it, and clearing it isn't an approval. They'll also weigh which rent they count, the value they accept, your borrower file, property condition, reserves, and the program's own rules. Ask about those early and none of them surprises you late.
The loan ceiling here is whatever the rent alone supports. It skips the loan-to-value and program caps, so set it beside the lender's value, leverage limit, fees, and cash to close before you plan around it.
Coverage and cash flow are two different things
Rent can clear the housing payment and still leave you short on the operating bills. The cash estimate here applies your vacancy allowance plus a flat 10% maintenance and reserve allowance on effective rent. Put management, utilities, repairs, and legal costs into the rental property calculator for the real monthly number.
Commercial deals run on NOI divided by debt service, not rent divided by payment. When you move to the storage, park, or multifamily calculator, ask which definition the lender uses and write it down.
Price the loan you're being offered
Ask whether the quote is fixed or adjustable, when the balance comes due, and what the insurance, escrow, guarantee, and prepayment terms look like. The CFPB explains the parts of a mortgage payment. Get the terms in writing, because that's the version that governs.
Run your numbers, then take this screen to the call. You'll ask sharper questions than most borrowers do.