Out-of-State Rental — Why This Deal Passed Easily
Some markets make DSCR easy.
This was one of them.
Deal Snapshot
- Location: Midwest
• Price: $280,000
• Rent: $2,600
Numbers
- PITIA: ~$1,900
• DSCR: ~1.37
Why It Worked
- Strong Rent-to-Price Ratio
Lower prices.
Solid rents.
That’s the formula.
- Lower Taxes + Insurance
Expenses matter more than people think.
- Built-In Cushion
Even under stress…
This deal still works.
Compare That to NYC
Higher prices.
Tighter margins.
More fragile DSCR.
Final Thought
Some deals fight you.
Some deals flow.
Your job is to know the difference early.