Texas rental equity / cash-out desk
Estimate DSCR for a Texas rental cash-out refinance
Estimate how your Texas rental’s monthly income compares with a proposed housing payment using your own financing inputs. The result is a planning ratio, not a quote, approval or estimate of net cash-out proceeds.
Enter the proposed replacement financing
Use the proposed total loan amount, not only the additional cash you want to receive. Enter your own interest assumption and repayment term; no published pricing is implied. Include property taxes, appropriate rental insurance and association dues using the units shown beside each field.
Use rent supported by your records for initial planning, then ask which income figure a lender would accept. A current lease, market-rent estimate and short-term rental revenue can receive different treatment. Do not assume a booking total or anticipated rent increase is qualifying income.
Read the ratio as payment coverage
The calculation divides monthly rent by estimated monthly principal, interest, taxes, insurance and association dues. A result above one means the entered rent exceeds those included costs. A result below one means it does not cover them; neither outcome by itself determines eligibility.
The estimate uses a repayment model and may not match an interest-only period, balloon obligation or another nonstandard structure. Lenders apply their own income and payment rules. Ask for a transaction-specific calculation before relying on the result.
Keep cash proceeds and operating cash flow separate
This ratio does not calculate usable cash after lien payoffs, closing costs or required escrows. It also does not account for every operating expense, such as vacancy, repairs, management and capital replacements. Keep a separate rental budget to evaluate those costs.
Review the cash-out refinance page for proceeds planning, the DSCR page for qualification context and the application page to describe your Texas rental. Business-purpose, non-owner-occupied investment property only; all financing remains subject to underwriting and lender approval.