201-942-9089 info@abl1.net

Villa Rica Georgia DSCR Rental Loan

Address: Villa Rica, Georgia
Borrower Profile: First Time Borrower — Real Estate Investor
Purchase Price: $29,500
Appraised Value: $540,000
Loan Amount: $405,750
Loan Structure: Fully Amortizing 30-Year
Loan Purpose: Cash Out Refinance
DSCR: 1.12
Villa Rica GA
real estate in GA
Situation:

This first-time borrower and real estate investor is refinancing a single-family home in Villa Rica, Georgia with Asset Based Lending’s DSCR rental loan program. The property was purchased for $29,500 with an appraised value of $540,000 and a loan amount of $405,000. This Single Family home is located in a Cul De Sac in a city where 40% of the household are renter occupied, making it a great choice for the borrower’s real estate portfolio. With a DSCR of 1.12 this property is positively cash flowing and provides passive income for this rental property investor.

Villa Rica Georgia
GA DSCR
hard money lender in GA
Villa Rica Georgia
hard money lender in Georgia
Georgia real estate