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Dayton OH DSCR Rental Loan

Address: Dayton, Ohio
Borrower Profile: Repeat Borrower — Real Estate Investor
Purchase Price: $100,000
Appraised Value: $117,500
Loan Amount: $80,000
Loan Structure: Fully Amortizing 30-Year
Loan Purpose: Purchase
DSCR: 1.32
Dayton Hard Money Lender

Asset Based Lending recently funded a DSCR rental loan for a repeat borrower in Dayton Ohio. This borrower contacted ABL to purchase a single-family home to add to their real estate investment portfolio. The property is unoccupied but expects to collect market rate monthly rent once a tenant is in place. With a DSCR of 1.32 this property is expected to generate positive cashflow for this investor. Half of the residents in Dayton rent their homes indicating this is a prime location to invest in rental properties.

Ohio Hard Money Lender
Dayton Rental Property
Ohio Rental Loan
Dayton DSCR Loan