Stressed DSCR
1.12x
Covenant Target: 1.25x
Debt Spread Risk Premium
325 bps
Total Rate: 7.75%
Projected Total Delay
14 Mo
Capitalized Interest Drag
Moratorium Risk Prob.
42%
Zoning / Permit Freeze
⚠ UNDERWRITING NOTICE: Project DSCR breaches bank covenant target of 1.25x under community delay stress. Additional equity buffer required.
DSCR Sensitivity vs Permitting Delay
Litigation & Carrying Cost Waterfall
Debt Underwriting Stress Matrix
| Delay Horizon | Additional Interest Cost | Litigation / Legal Reserve | Stressed DSCR | Bank Covenant Status |
|---|