## Debt Service

i

Total amount of payment

$

i

Enter total amount of down payment available

%

i

Enter the annual interest rate for your loan

%

i

Total amount of your loan

$

i

Enter total term expressed in years of loan

i

Monthly payment for your loan

$

i

On average, assume 1.25% of total purchase price, divided by 12

$

i

Enter cost of insurance. Assumes $100 on average.

$

i

Enter any HOA fees required

$

#### Interest only Payment?

###### Yes

###### No

## Debt Service Coverage Ratio

i

Total amount of rental income

$

i

Gross rental income / (loan payment +insurance +taxes + HOA)