Closed Deal · #15
2-Unit in Garfield, NJ — DSCR Purchase
$560,000 · 30-Yr DSCR — Purchase
Deal terms
- Property type
- 2-Unit
- Location
- Garfield, NJ
- Loan type
- DSCR Purchase
- Program
- 30-Yr DSCR — Purchase
- Leverage
- 80%
- Rate
- N/A
- Deal value
- $560,000
How we structured it
North Jersey duplex purchase at 80% LTV — strong leverage in a high-rent market. Bergen County's proximity to NYC drives premium rents of $1,800–$2,400/unit.
Projected cash-on-cash: 7–10%. NYC commuter demand ensures low vacancy. 5-year equity build: 35–50%.
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