A 6-bedroom resort pool home near Disney operating as a high-occupancy Airbnb/VRBO.
LOAN AMOUNT
$680,000
Conventional lenders refused short-term rental revenue projections without 2-year tax return history.
Underwrote file using AirDNA 75th-percentile projected gross revenue of $94,000/yr, funding a $680,000 DSCR mortgage.
The Outcome
Zero personal income documentation required. Property nets over $2,400/month after all operating expenses.
Deal Highlights
LOAN AMOUNT
$680,000
PURCHASE PRICE
$850,000
ANNUAL STR REVENUE
$94,000
DSCR RATIO
1.42
LTV
80%
CLOSING TIME
20 Days
More Deals
See how Adler Capital has structured financing across property types, markets, and deal sizes.
An experienced Tampa investor acquired a 10-unit multifamily at $2,800,000 - 100% occupied but rents were 22% below market due to a decade of deferred maintenance and no unit upgrades.
Three adjacent duplexes in Jacksonville's Riverside neighborhood totaling 6 leased units.
A Cambridge condo conversion play - investor was buying a 6-unit building near Inman Square at $2.4M to convert and sell as individual units. Permits already in hand from the prior owner.
