Closed Deal · #7
4-Unit Multifamily in St. Petersburg, FL — DSCR Cash-Out
$720,000 · 30-Yr DSCR IO — Cash-Out Refi
Deal terms
- Property type
- 4-Unit Multifamily
- Location
- St. Petersburg, FL
- Loan type
- DSCR Cash-Out
- Program
- 30-Yr DSCR IO — Cash-Out Refi
- Leverage
- 60%
- Rate
- N/A
- Deal value
- $720,000
How we structured it
Cash-out refi on a 4-unit at 60% LTV — conservative leverage with strong equity retention. IO period maximizes cash flow.
Four units provide income diversification. St. Pete's rental market growing 5–7% YoY. Projected cash-on-cash with IO: 10–14%.
Have a DSCR Cash-Out deal we should look at?
Submit your scenario. We'll come back with a real term sheet — not a teaser rate — within 24 hours.