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
![front - oklahoma city ok Oklahoma City DSCR Loan](https://cdn.abl1.net/wp-content/uploads/2023/12/front-oklahoma-city-ok.png)
![back - oklahoma city ok Oklahoma DSCR Loan](https://cdn.abl1.net/wp-content/uploads/2023/12/back-oklahoma-city-ok.png)
Situation:
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.
![living room - oklahoma city ok Oklahoma City Cash Out Refi](https://cdn.abl1.net/wp-content/uploads/2023/12/living-room-oklahoma-city-ok.png)
![dining - oklahoma city ok OK Cash Out Refi](https://cdn.abl1.net/wp-content/uploads/2023/12/dining-oklahoma-city-ok.png)
![kitchen- oklahoma city ok Oklahoma City Rental Loan](https://cdn.abl1.net/wp-content/uploads/2023/12/kitchen-oklahoma-city-ok.png)
![bath - oklahoma city ok Oklahoma Rental Loan](https://cdn.abl1.net/wp-content/uploads/2023/12/bath-oklahoma-city-ok.png)
Get Started
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