The Client

Repeat Borrower — Real Estate Investor
• Loan Purpose
Purchase
• Loan Structure
Fully Amortizing 30-Year

The Investment

• Purchase Price
$100,000
• Renovation Budget
$117,500
• Loan Amount
$80,000
• Cash Available for Purchase
• Cash Available for Renovation

The ABL Partnership

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.

The Results

• After Repair Value
1.32
• Sale Price
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