Commonly, when were talking about Real Property it's the (Annual) NOI / (Annual) Debt Service = DSCR aka Debt-Service Coverage Ratio
whereas a DSCR greater than 1 means the entity – whether a person, company or government – has sufficient income to pay its current debt obligations. A DSCR less than 1 means it does not.
1.5 or greater is typically known as a moderately impressive figure for obtaining financing or refi.
Best of luck and even greater returns!
Mar 18, 2017