Core Metrics
Lenders do not underwrite to a cap rate; they underwrite to coverage. Debt service coverage is the multiple between the income a property produces and the payments it owes.
Most senior housing loans require at least 1.25x. Enter your income and financing and this tool returns coverage, the income required at each lender threshold, and the largest loan your numbers can carry.
Estimates for illustration only, not tax, legal or investment advice. Past performance does not guarantee future results; consult your advisors.
Investors with an account have access to the full set of underwriting tools in the Investor Portal.
