The Lender’s Rental Stress-Test Kit
Free when you join the Bank on FI newsletter. Run any rental through the same “what could go wrong?” tests a credit committee would use before you sign anything.
What’s in the kit
A spreadsheet template (Google Sheets and Excel) plus a short, two-page PDF guide that walks you through it.
- Simple inputs: price, rent, property taxes, insurance, HOA dues, interest rate and loan-to-value.
- The numbers lenders look at: cap rate, cash-on-cash return, debt service coverage ratio (DSCR) and break-even occupancy.
- A stress grid: see what happens if the rate rises 2 points, rent drops 10%, insurance jumps 30% or the unit sits empty for two months.
- A one-page “credit memo”: summarize your own deal the way an underwriter would, including the risks and your backstop.
It’s an educational tool with hypothetical default numbers, not a recommendation to buy any property. Plug in your own figures and check them with your lender, CPA or other professionals.
What the newsletter looks like
Every other week, one short email:
- One core idea about thinking like a lender, rentals or the FI math
- One worked number, using a clearly hypothetical example
- One link worth your time
- One honest update from my own journey toward FI
No hype, no hot stock tips and no selling your email address. Unsubscribe with one click anytime.
Send me the kit
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