What comes inMONTHLY RENT
$2,660.00/ month
After the vacancy and management allowances
- Gross rent entered
- $2,800
- Vacancy allowance
- -$140 (5%)
- Management
- -$0 (0%)
The DSX calculator
Can the property carry itself?
Royal DSX reads the property first. Put in a price, a rent and the monthly costs, and see whether the rent covers the cost of carrying it. Start with a hypothetical 9% rate, then move the numbers.
Live math
No information saved
Borrower + loan officer ready
The read
Coverage.
$350,000 property, $87,500 down, at a hypothetical 9% over 30 years.
1.01
Coverage
Carries itself
The rent covers the monthly cost of carrying the property, with little room to spare.
Stress it
Coverage as entered1.01
Coverage after1.01no stress applied yet
What goes outCARRYING COST
$2,637.13/ month
Principal and interest, taxes, insurance and other costs
- Hypothetical principal + interest
- $2,112
- Property taxes
- $350
- Insurance
- $175
- HOA / other
- $0
The differenceMONTHLY CASH POSITION
+$22.87/ month
Rent left over each month after the carrying cost
The loanHYPOTHETICAL P&I
$2,112.13/ month
Principal and interest on the loan amount
- Loan amount
- $262,500
- Down payment
- $87,500 (25.0%)
- Hypothetical rate and term
- 9% over 30 years
The lineBREAK-EVEN RENT
$2,775.93/ month
The gross rent at which coverage is exactly 1.00, with your allowances
- Your rent against that line
- +$24.07
How to read this
The rent carries the cost, just.
At these numbers, the rent covers the monthly cost of carrying the property with $23 a month to spare. It works as entered, but there is not much room. A small move in rent, rate or taxes changes this read.
A coverage illustration built only from the numbers you enter, on this device. Not an appraisal, not a rent survey, not a qualification, and not an offer of credit. Bring the real details to a licensed loan officer for the real analysis.
These are hypothetical calculations, not an approval, quote, rate lock or commitment to lend. Closing costs, fees, repairs, future rate changes and future rent changes are not included. Rental programs are subject to credit approval and program guidelines. Equal Housing Lender.
What Royal DSX reads
Value. Rent. Coverage.
What it is worth.
The price you would pay or the value you believe it holds. On this screen that is the number you type. The real read comes from a real appraisal.
What it can honestly rent for.
The monthly rent you expect, less an allowance for the months it sits empty and for anyone you pay to manage it. Honest rent, not hopeful rent.
Whether the rent holds up.
Rent divided by the total monthly cost of carrying the property: principal and interest, taxes, insurance, association dues and other costs. At 1.00 the rent covers the cost. Above it there is cushion. Below it the property runs short.
Royal DSX is Royal's engine for rental lending, where the property does the talking. It reads the property first: what it is worth, what it can honestly rent for, and whether that rent holds up against the cost of carrying it. The rest of the file is read by a licensed loan officer, not by the engine. Royal DSX is rolling out in stages. This calculator is the coverage piece, built only from the numbers you enter.
Nothing on this screen is a qualification, a decision, or an offer of credit. When you are ready, a licensed loan officer runs the real analysis with the real details. Subject to credit approval and program guidelines.