Fully occupied triplex in Harbor Beach with three renovated 2/1 units leased to marine industry professionals.
LOAN AMOUNT
$1,150,000
Investor needed to cash out trapped equity to fund a new commercial land acquisition.
Executed a $1,150,000 cash-out refinance at 75% LTV in 19 days based entirely on the property's $9,600/mo rental roll.
The Outcome
Extracted $410,000 in tax-free capital while securing a 30-year fixed loan structure.
Deal Highlights
LOAN AMOUNT
$1,150,000
PROPERTY VALUE
$1,535,000
MONTHLY RENT
$9,600
DSCR RATIO
1.34
LTV
75%
CLOSING TIME
19 Days
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
Three adjacent duplexes in Jacksonville's Riverside neighborhood totaling 6 leased units.
A Nashville investor identified a 4/2 in a fast-appreciating East Nashville neighborhood - $440,000 purchase, tenant locked in at $3,600/month, strong appreciation market with limited inventory.
A Dallas builder had two permitted lots in Frisco - 3,200 sq ft new construction homes in a neighborhood where comparable product was selling at $980K-$1.05M. Total cost per unit: $620,000.
