Based on the following information, Salaries and Wages: $18,944 Utilities: $4,726 Net Rental Income: $262,968 Real Estate Taxes: $28,273 General & Administrative: $18,921 Other Income: $15,435 Repairs and Maintenance: $30,459 Using the NOI you calculated in question #2 and a debt service (including principal and interest) of $153,983, calculate: Debt Service Coverage Ratio (DSCR) --- round to one decimal place. Interpret the results --- what does a DSCR mean? From a lender's perspective, according to the text, what range of DSCR is typically acceptable?

Answer rating: 100% (QA)

Certainly based on the information provided we can calculate the Debt Service Coverage Ratio DSCR an... View the full answer