Closed Deal · #26
SFR in Linden, NJ — DSCR
$395,000 · 30-Yr DSCR
Deal terms
- Property type
- SFR
- Location
- Linden, NJ
- Loan type
- DSCR
- Program
- 30-Yr DSCR
- Leverage
- N/A
- Rate
- N/A
- Deal value
- $395,000
How we structured it
Linden, NJ — Union County commuter town with strong rental demand from NYC/Newark workers. NJ Transit access makes this desirable despite lower acquisition costs.
Rents of $2,000–$2,600 on homes priced $350K–$450K create solid DSCR ratios. Cash-on-cash: 7–10%.
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