Closed Deal · #16
3-Unit in Seneca Falls, NY — DSCR Purchase
$225,000 · 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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