Mashandisiro Anoita Zvikwereti zveCES DSCR kuMari Yekudyara Zvivakwa

Kune varidzi vezvivakwa, Chikwereti Chakavhara-Kupera Kwechipiri (CES) chinopa nzira yakasarudzika yekubhadhara zvivakwa zvisiri zvemuridzi pasina kuvimba nemari yaunowana. Nekushandisa Debt Service Coverage Ratio (DSCR) kuti zvikodzere, zvikwereti zvezvivakwa izvi zvinotarisa pakuyerera kwemari yekurenda, zvichiita kuti ive yakanakira kuyera mapotifolio. Ngationgororei kuti zvikwereti zveCES zvinoshanda sei pakukweretesa-kuyerera kwemari uye nei ivo vari shanduko-mutambo.

Chikwereti cheCES imari yenguva yakatarwa yechipiri isingatenderi mamwe madhirowa, anowanzo shandiswa pamwe chete nechikwereti chekutanga kune vasiri muridzi wezvikwereti. Kusiyana nechinyakare chechipiri chembavha, iyo inogona kuda humbowo hwemari yemunhu, Yakavharwa-Kupera Kwechipiri Chikwereti chekudyara zvivakwa zvinokwidza DSCR kuti iongorore kukodzera. The Debt Service Coverage Ratio inoyera mari yegore negore yekurenda inopesana nezvisungo zvayo zvechikwereti, kusanganisira yekutanga neyechipiri yekubhadhara imba (mukuru, mubereko, mutero, inishuwarenzi, uye HOA mubhadharo). A DSCR ye1.0 kana yepamusoro inoratidza mari yenzvimbo inovhara zvikwereti zvayo, nevakweretesi vanowanzofarira 1.25 yekubuda kwemari-based kukweretesa.

Iyi haisi nzira yekuongorora mari yemunhu idhirowa huru. Vagadziri vemari havadi W-2s kana mutero unodzoka; pachinzvimbo, vanokweretesa vanoongorora kugona kwenzvimbo yekurojesa, zvichiita kuti zvikwereti zveCES zviwanikwe kune avo vane mari dzakaoma. Ivo zvakare vari kunze kwenyika varipo, vachibvumira vatengesi vekunze kuti vapinde muUS real estate pasina marekodhi emari emuno. Semuenzaniso, mugari wekune imwe nyika anogona kuwana chikwereti cheCES paimba yekurojesa inoita madhora zviuru zvina pamwedzi neDSCR ye1.3, achinzvenga zvipingaidzo zvekuwana mari.

Piggyback ok zvimiro zvinosimudzira kuchinjika. Chikwereti Chakavharwa Chechipiri chinogona kuvhara mubhadharo kana kugadziridza, zvakapetwa neyekutanga mortgage kudzikisa mutengo wepamberi. Fungidzira munhu anodyara mari akananga ku $500,000 yekurojesa pfuma: yekutanga imba inovhara 75% ($375,000), uye chikwereti cheCES chinopa mari makumi maviri muzana asara ($100,000), ichisiya 5% chete mari pasi. Izvi pReserves liquidity yekuwedzera mari.

Nekudaro, zvikwereti zveDSCR-based CES zvinouya nemapako. Mari dzemubereko pamari dzemoti dzechipiri dzinowanzokwira, uye zvakasanganiswa chikwereti-ku-value (CLTV) zviyero zvinogona kusvika pa75-85%. Vacancies kana kushanduka kwemusika kunogona kukanganisawo mari-yakavakirwa zvikwereti, saka vanoisa mari vanofanirwa kuona kudiwa kwakasimba kwekurenda. Zvisineyi nezvinhu izvi, zvikwereti zvisiri zvemuridzi sezvikwereti zveCES zvinopa mikana isingaenzaniswi yekukura kwepodfolio, kunyanya pasina ratidziro yemari yemunhu uye yekune dzimwe nyika sarudzo dziripo dzekutyaira kuwanikwa.