Schedule E Subject Property Calculator

Analyze rental income from Schedule E for the subject property using Fannie Mae guidelines. No monthly payment is subtracted for subject property analysis.

Upload Schedule E

Upload Schedule E pages to auto-fill fields. Upload one per tax year (max 2).

Upload Schedule E Drop or click to upload a Schedule E image or PDF
Subject Property Income Policy

Only add lines 9 and 16 (insurance and taxes) if needed to qualify. If added back, obtain documentation to verify the payment includes PITI. Subject property analysis does NOT subtract a monthly payment.

Subject Property Line Items

Enter Schedule E line items for the subject property. Positive values are added; total expenses are subtracted.

Description Line # Sign Year 1 (Most Recent) Year 2 (Prior)
Rents Received 3 +
Royalties Received 4 +
Amortization/Casualty Loss 19 +
Total Expenses (SUBTRACT) 20 −
Depreciation 18 +
Insurance 9 +
Mortgage Interest 12 +
Taxes 16 +

Results

Year 1 Total
$0.00
Year 2 Total
$0.00
Monthly Average
$0.00
Subject Property Guidelines

For subject property rental income analysis, Schedule E line items are totaled without subtracting a monthly mortgage payment. Insurance (Line 9) and taxes (Line 16) should only be added back if needed to qualify, and documentation must verify the payment includes PITI. This differs from non-subject rental properties where the monthly PITIA payment is subtracted from the net rental income.