Here's the breakdown of rental income and expense analysis:1.Annual Gross Income: $25,800 (Monthly rent of $2,150 x 12)2.Annual Expenses: $25,800 * 0.40 = $10,3203.Annual NOI: $25,800 - $10,320 = $15,4804.Annual Debt Service: $10,680 (Calculated previously using a mortgage calculator with a loan of $131,775, 7.25% interest, and a 30-year term)5.DSCR: $15,480 / $10,680 = 1.45 (approximately)

This will allow you to qualify solely based on the income that is produced from the rent of the property.

I evaluate the performance of every income generating property that I own. 

Gross rents are $1,250.00 a month and we have a two-year lease in place currently.

Your cleaner's income has no bearing on yours.

If not, the income won't be considered. 1.

In Italy your second house or even a duplex section the income is taxed higher.  

The property has a massive 900+ sq ft attic with very tall ceilings that would make a perfect 3rd unit potentially grossing another $1000 per month. 

Six figure income is still impressive for any residential SFR..optimally rates improve and so will rates of return with a refinance.

Your ad should require "proof of income" not proof of employment.