201-942-9089 info@abl1.net

Oklahoma City Oklahoma DSCR Rental Loan

Address: Oklahoma City, Oklahoma
Borrower Profile: Repeat Borrower — Real Estate Investor
Purchase Price: $80,000
Appraised Value: $162,500
Loan Amount: $105,625
Loan Structure: Fully Amortizing 30-Year
Loan Purpose: Cash Out Refinance
DSCR: 1.79
Oklahoma City DSCR Loan
Oklahoma DSCR Loan

Asset Based Lending recently funded a DSCR rental loan for a repeat borrower in Oklahoma City Oklahoma. This borrower contacted ABL or a cash out and refinance loan for a rental property already in their portfolio. In Oklahoma City, about 40% of residents rent their homes versus owning. With a DSCR of 1.79 this property will positively cash-flow for this borrower and contribute to their real estate portfolio. Once the unit is leased to a tenant the borrower can expect to collect market rent for the unit.

Oklahoma City Cash Out Refi
OK Cash Out Refi
Oklahoma City Rental Loan
Oklahoma Rental Loan