Property Type: Garden Style Multifamily with 29 1-BR, 11 2-BR plus 50 Parking Spaces
Loan Type: Conventional with Regional Lender
Purchase Price: $5,800,000
Loan Amount: $4,000.000
Term: 10 yrs. / 5 yr. reset @ 5 year TCM Index + 3.0%
Amortization: 30 Years
Interest Rate: 3.99%
Lender Fees: 1%
DSCR: 1.25% or above