Use the post-refinance payment
The key DSCR question is whether the property supports the new debt service. If the new payment is higher, DSCR can compress even when the current loan performs well.
- Current payoff
- Estimated value
- New payment
- Updated taxes and insurance
When a refinance can help
A refinance may help investors change terms, stabilize debt, or align financing with the hold strategy. Compare total cost and prepayment terms, not just rate.