Closed Deal · #24
5-Unit Multifamily in Oakland, CA — DSCR
$1,150,000 · 30-Yr DSCR
Deal terms
- Property type
- 5-Unit Multifamily
- Location
- Oakland, CA
- Loan type
- DSCR
- Program
- 30-Yr DSCR
- Leverage
- N/A
- Rate
- N/A
- Deal value
- $1,150,000
How we structured it
Oakland 5-unit value-add play — older building in a high-demand Bay Area rental market. DSCR financing on the as-is income with upside from unit renovations.
Oakland rents for renovated units run $2,200–$3,000+. Built-in value-add opportunity. Post-renovation cash-on-cash: 8–12%. Appreciation potential 6–10% YoY.
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