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
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