Excel Says 1.25x DSCR; Lender Says That’s Cute
- ricklahkar
- May 8
- 1 min read
Broker: Model shows 1.25x DSCR, 6.0 cap, slam dunk Lender: After T-12 CAM true-up and real vacancy… it’s 1.12x 📉 Client: Can we keep price, drop rate, and also close Friday? Me: Opening Final_FINAL_v9.xlsx, praying to SOFR and the rate cap fairy 😵💫
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