Free Investor Tool

Florida DSCR Loan Calculator

Pick your county, set the price and down payment, then enter the rent. We add up the full monthly payment using that county's real tax rate and a realistic Florida insurance estimate. If the rent covers the payment, your DSCR is 1.0 or higher and the deal likely qualifies.

All 67 counties' real tax ratesFlorida insurance built inAirbnb mode
16.67 mills · Inland metro
$350K
25% · $88K
7.50%
$2,600
$0/mo

Orange County taxes at 16.67 mills on full purchase price (no homestead exemption for investors) — est. $5,835/yr. Insurance is a 2026 regional estimate; replace with your quote. Sources: Florida TaxWatch 2025 millage, Florida insurance market reports. Estimates only — not a loan offer.

Your DSCR

0.98

Cash Flow

$48/mo

1.01.25

Below 1.0 — more down likely

Sub-1.0 programs exist with a larger down payment and higher rate.

Qualifying rent$2,600/mo
Principal & interest$1,835
Taxes (Orange)$486
Insurance$327
Total PITIA$2,648/mo

Rent for 1.0

$2,648

Rent for 1.25

$3,310

Check DSCR Loan Eligibility

No tax returns · no credit pull · loan amount $262,500

How This Calculator Figures Your DSCR

Your debt service coverage ratio is a single division: monthly qualifying rent ÷ total monthly payment (PITIA). A DSCR of 1.0 means the rent exactly covers the payment. Most DSCR lenders approve at 1.0 or above, and 1.25+ usually unlocks the best pricing. The hard part isn't the division — it's getting the payment right, and that's where Florida trips up generic calculators.

Property taxes: we apply your county's average total millage — county, school board, municipal, and special district levies combined, per Florida TaxWatch's 2025 comparison — to the full purchase price. Investment properties get no homestead exemption, and the assessed value resets to market value when you buy, so the tax bill the previous owner paid is usually lower than the one you'll pay. Buyers who budget off the listing's current tax bill routinely overstate their DSCR.

Insurance: Florida is the most expensive property insurance market in the country, and the spread within the state is enormous — an inland Ocala rental might insure for $3,000 a year while a comparable coastal South Florida home runs $9,000 or more before flood coverage. We estimate a landlord (DP-3) premium from your county's region and let you overwrite it the moment you have a real quote. If the property sits in a FEMA flood zone, the flood toggle adds a typical NFIP premium.

Short-term rentals: for Airbnb and vacation properties, the calculator turns your nightly rate and occupancy into gross monthly income, then credits 80% of it — the haircut most DSCR lenders apply to short-term rental income to account for seasonality and expenses. Worked example: a $350,000 Orlando-area home renting at $180/night with 65% occupancy grosses about $3,559 a month, of which $2,847 counts toward your ratio.

2025 Property Tax Rates for All 67 Florida Counties

These are the average total millage rates the calculator uses — one mill equals $1 of tax per $1,000 of assessed value. Investors pay on roughly the full purchase price, so on the same $300,000 property your tax bill ranges from about $2,600 in Monroe County to $6,900 in St. Lucie.

Average total property tax millage by Florida county, 2025 (Florida TaxWatch), with estimated annual taxes on a $300,000 investment purchase
CountyAvg. Total Millage (2025)Est. Annual Taxes on $300K
Alachua16.56$4,968
Baker15.42$4,626
Bay12.28$3,684
Bradford17.35$5,205
Brevard15.60$4,680
Broward19.84$5,952
Calhoun15.94$4,782
Charlotte16.92$5,076
Citrus14.96$4,488
Clay15.05$4,515
Collier11.05$3,315
Columbia15.38$4,614
DeSoto19.15$5,745
Dixie17.69$5,307
Duval17.86$5,358
Escambia17.54$5,262
Flagler14.65$4,395
Franklin18.21$5,463
Gadsden12.04$3,612
Gilchrist16.49$4,947
Glades16.84$5,052
Gulf18.96$5,688
Hamilton14.47$4,341
Hardee16.95$5,085
Hendry15.77$4,731
Hernando18.64$5,592
Highlands16.70$5,010
Hillsborough15.73$4,719
Holmes18.60$5,580
Indian River15.44$4,632
Jackson14.57$4,371
Jefferson13.64$4,092
Lafayette14.95$4,485
Lake16.65$4,995
Lee15.97$4,791
Leon15.20$4,560
Levy17.89$5,367
Liberty16.96$5,088
Madison15.66$4,698
Manatee17.29$5,187
Marion12.08$3,624
Martin15.47$4,641
Miami-Dade17.59$5,277
Monroe8.82$2,646
Nassau13.28$3,984
Okaloosa12.89$3,867
Okeechobee15.35$4,605
Orange16.67$5,001
Osceola15.23$4,569
Palm Beach18.72$5,616
Pasco16.15$4,845
Pinellas19.39$5,817
Polk16.19$4,857
Putnam16.89$5,067
Santa Rosa12.81$3,843
Sarasota13.48$4,044
Seminole15.18$4,554
St. Johns13.47$4,041
St. Lucie22.85$6,855
Sumter12.28$3,684
Suwannee16.49$4,947
Taylor15.83$4,749
Union17.23$5,169
Volusia19.21$5,763
Wakulla14.22$4,266
Walton9.76$2,928
Washington15.35$4,605

Source: Florida TaxWatch, 2025 How Florida Counties Compare. Average total millage includes county, school, municipal, and special district levies; your parcel's exact rate depends on its taxing districts.

Why Florida DSCR Math Is Different

County taxes swing 2.6x

From 8.82 mills in Monroe County to 22.85 in St. Lucie, the same property price produces wildly different tax bills — and investors pay on full value, with no homestead exemption.

Insurance can break the deal

Florida's insurance market is the nation's most expensive. Coastal and South Florida premiums run 2–3x inland rates, and flood zones add more — all of it inside your PITIA.

Short-term rental capital

Orlando, the Gulf beaches, and South Florida are among America's biggest Airbnb markets. Our STR mode credits 80% of gross income, the way most DSCR lenders underwrite it.

New to DSCR loans? Start with our full guide: DSCR Loans in Florida — requirements, rates, and how to qualify.

Calculator FAQs

How the Florida DSCR math works — and what lenders actually count.

Talk to an Expert

Because property taxes are the biggest hidden variable in a Florida DSCR calculation. The same $350,000 property carries roughly $3,100 a year in taxes in Walton County but about $8,000 in St. Lucie County — enough to move your DSCR by a quarter point or more. We apply each county's average total millage rate (Florida TaxWatch 2025) to the full purchase price, because investment properties get no homestead exemption.

DSCR = monthly qualifying rent ÷ full monthly payment (PITIA: principal, interest, taxes, insurance, and association dues). A ratio of 1.0 means the rent exactly covers the payment. Most DSCR programs approve at 1.0 or higher, and 1.25+ typically earns the best pricing.

Florida landlord insurance often costs two to three times the national average, and it varies enormously within the state — an inland Ocala rental might run $3,000 a year while a comparable coastal South Florida property runs $9,000 or more, before flood coverage. Because insurance sits inside PITIA, an underestimated premium quietly sinks DSCR deals. Our estimates are regional; replace them with your actual quote for a precise ratio.

Often, yes. Many DSCR lenders accept short-term rental income using booking history or market data, though they commonly credit around 80% of gross to account for seasonality and expenses — which is how this calculator's short-term rental mode works. Confirm the property's local short-term rental rules first; Florida cities and HOAs vary widely.

You still have options: a larger down payment, an interest-only payment structure (which lowers the qualifying payment), a higher-rent strategy, or a lender's sub-1.0 program at a higher rate. The calculator's 'to improve your ratio' panel shows exactly how much rent you'd need for 1.0 and 1.25.

Ready to Run a Real Deal?

Get actual DSCR pricing for your property — no tax returns, no obligation.

Check Your Eligibility