Turnkey newly constructed waterfront duplex in Cape Coral with private boat dock.
LOAN AMOUNT
$540,000
Borrower owned 18 existing properties, exceeding conventional 10-loan Fannie Mae portfolio caps.
Adler Capital provided $540,000 30-year fixed DSCR debt with zero portfolio loan count limitations.
The Outcome
Closed smoothly in Florida land trust with no personal liability recourse option.
Deal Highlights
LOAN AMOUNT
$540,000
PURCHASE PRICE
$695,000
MONTHLY RENT
$4,800
DSCR RATIO
1.22
LTV
78%
CLOSING TIME
17 Days
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