201-942-9089 info@abl1.net

Brockton MA DSCR Rental Loan

Address: Brockton, Massachusetts
Borrower Profile: First Time Borrower — Real Estate Investor
Purchase Price: $333,000
Appraised Value: $875,000
Loan Amount: $227,250
Loan Structure: Fully Amortizing 30-Year
Loan Purpose: Cash Out Refinance
DSCR: 2.89
Knoxville Hard Money Lender
Knoxville DSCR Loan

Asset Based Lending recently funded a DSCR rental loan with a first-time borrower and experienced real estate investor. The property was purchased for $333,000 with a loan amount of $227,250 and an appraised value of $875,000. As of Q1 2024, 43% of the households in Brockton, Massachusetts are renter-occupied, making this a worthwhile investment for the borrower. With a DSCR of 2.89, this property will generate positive cashflow and monthly income for the investor.

Massachusetts DSCR
private money loan in Massachusetts
rental loans in Massachusetts
best hard money lender in MA