CalculatorNew Mexico
DSCR calculator — New Mexico
New Mexico investors weigh climate, water, and insurance costs alongside rent. Default rent inputs are based on HUD FMR data—desert markets are not monolithic, so underwrite to the city and property type. Same math as the national DSCR calculator; numbers are educational—not lender instructions.
Frequently asked questions
- What is DSCR for rental property?
- Debt Service Coverage Ratio (DSCR) is annual NOI divided by annual debt service. A DSCR above 1.0 means NOI covers debt payments before tax.
- Is 1.25 DSCR required by lenders?
- Many DSCR lenders target around 1.20 to 1.25, but requirements vary by product, market, and borrower profile. Always confirm current underwriting with your lender.
- Can I save DSCR calculator results?
- This calculator does not save your session. Use a free Veld account to save assumptions, compare scenarios, and track deal performance over time.
- How should I set DSCR assumptions for New Mexico rentals?
- Most lenders look for DSCR around 1.20 to 1.25, but program terms vary. In New Mexico, use realistic rent near about $1,050/month and include full operating costs (especially 0.61% effective property tax) before sizing leverage.
Real estate investing in New Mexico
Real estate investing in New Mexico
Short-term rental rules vary. If STR is part of your plan, confirm compliance outside this tool.
- Typical 2BR rent
- ~$1,050/mo
- Effective property tax
- ~0.61% of home value
- State income tax
- Up to 5.9%
- Lender DSCR minimum
- Typically 1.25 — confirm with your lender
Rent: HUD FMR 2025 · Property tax: Tax Foundation 2022 · Adjust all calculator inputs to match your specific deal.
Other calculators for New Mexico: BRRRR Calculator · STR vs LTR Calculator. All calculators · Investment property calculator