I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23If a purchase, you also generally need reserves / savings to show you have 3-6 month payments of PITIA (principal / interest (mortgage payment), property taxes and insurance and HOA (if applicable).

What I learned from the rental was the due diligence importance of finding the right tenants.

Loss of Use / Loss of Rents: Normally, there is a 20% included limit.

How much do they charge and what's included?

Here's what you need to know about qualifying and managing costs, including realtor fees and other expenses.Why Germany?

How much land is included?

@Blaise Bevilacqua - I agree with the added expense items that others have called out including vacancy, repairs/maintenance, capex, unit turns, and low insurance.

I've calculated the IRR that includes appreciation, pay down, net cash flow;   a batch of my houses in a high appreciation area i earning 60% IRR (modifiec)/yr.  

I am here to learn as much as possible so I am not wasting peoples time or more importantly their money!

What are some things I should include in the lease?"