A duplex steps from South Lake in Hollywood with two large 2/2 units leased on annual agreements.
LOAN AMOUNT
$640,000
Borrower needed maximum leverage to conserve reserves for a simultaneous fix-and-flip acquisition.
Provided top-tier 80% LTV DSCR financing of $640,000 at competitive pricing.
The Outcome
Borrower deployed preserved capital into a Broward flip funded by Adler Capital.
Deal Highlights
LOAN AMOUNT
$640,000
PURCHASE PRICE
$800,000
MONTHLY RENT
$5,500
DSCR RATIO
1.27
LTV
80%
CLOSING TIME
18 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.
A fully leased SFR in Fort Lauderdale's Victoria Park - long-term tenant paying $3,800/month. Purchase price $475,000. Numbers penciled perfectly for a DSCR loan.
A Miami-Dade investor bought a distressed 3/2 in Homestead at $215,000 - roof damage, mold in primary bath, and full gut-level renovation needed. Comps for updated homes: $380K-$410K.
