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3-Unit in Seneca Falls, NY

Closed Deal · #16

$225,000 DSCR Purchase — 3-Unit in Seneca Falls, NY

30-Yr DSCR — Purchase

Deal terms

Property type
3-Unit
Location
Seneca Falls, NY
Loan type
DSCR Purchase
Program
30-Yr DSCR — Purchase
Leverage
70%
Rate
N/A
Deal value
$225,000

How we structured it

3-unit triplex purchase at 70% LTV — conservative leverage with three income streams. More units per property = better expense ratios and vacancy protection.

Three units at $900–$1,100/mo each provide $2,700–$3,300 gross monthly. DSCR: 1.4–1.7x. Cash-on-cash: 11–16%.

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