Radar receiving echo signal provides target information - range, velocity and position by signal magnitude and Doppler shift, which are determined by target reflection characteristics and target maneuver. Target angle error is extracted from the magnitude ratio of difference channel to sum channel. In this paper, we introduce a radar Return Signal Simulation Equipment(RSSE) which is implemented for the purpose of performance analysis and evaluation of phased array multi-function radar(MFR). It generates multi-target environment with jamming signals using MC-DDS (Multi-Channel Direct Digital Synthesis), and has scalability by using the efficient hardware configuration. The performance of the developed RSSE has been evaluated under various test environments. Especially, we proved that required target detection performance is achieved by RSP(Radar Signal Processor) interfaced RSSE configuration.