Skip to main content
Tools · Threshold converter

TCO vs Standard DSCR

Convert standard Gross-Rent DSCR into True Cost of Ownership (TCO) DSCR, which loads CapEx and Maintenance reserves into the denominator.

How to use: set your standard DSCR and the reserve load below. The TCO equivalent and the full conversion ladder update as you drag.

The conversion
TCO DSCR = Standard DSCR ÷ (1 + reserve load)
Standard DSCR
Gross rent ÷ the full monthly payment (principal, interest, taxes, insurance, and any HOA dues) — the number the lender scores.
Reserve load
CapEx, maintenance and vacancy the gross-rent view leaves out.
TCO DSCR
What the property carries once those reserves are funded.
Live converter

What the same deal looks like with reserves loaded

Two inputs, one number. Drag either slider — the TCO equivalent and its position against the 1.00 floor update instantly.

Your inputs

Estimates are fine — every figure on this page recalculates as you drag.

Standard DSCR1.25x
Reserve Load vs PITIA38.89%
Why 38.89%

A 38.89% reserve load sets aside 38.89 cents of CapEx, maintenance, and vacancy reserve for every dollar of PITIA. The 38.89% default is the load at which a 1.25 standard DSCR converts to 0.90 TCO. Raise it for older stock or heavier turnover; lower it for new construction under warranty.

TCO equivalent
0.90xTCO DSCR
Below the 1.00 floor once reserves are funded
1.25x
Standard DSCR
38.89%
Reserve load
Against the 1.00 floor
0.00x1.00 floor1.50x

Lenders score the standard number. This is the one that decides whether the property funds its own reserves.

Conversion reference

Every standard threshold, at a 38.89% reserve load

The ladder moves with the reserve-load slider. Your current standard DSCR is marked.

Standard
0.75x
TCO
0.54x
below 1.00
Standard
1.00x
TCO
0.72x
below 1.00
Standard
1.10x
TCO
0.79x
below 1.00
Standard
1.15x
TCO
0.83x
below 1.00
Standard
1.20x
TCO
0.86x
below 1.00
Your input
1.25x
TCO
0.90x
below 1.00
Standard
1.30x
TCO
0.94x
below 1.00