Recently Funded DSCR Loan In Cartersville, GA

Loan Scenario:

This financing scenario involves a Debt Service Coverage Ratio (DSCR) rental loan for a four-unit multifamily property located in Cartersville, Georgia. The property is appraised at $745,000, with an existing lien of $195,205. The loan amount secured for this investment is $400,000, resulting in a Loan-to-Value (LTV) ratio of 54%, which indicates a strong equity position.

Structured as a 40-year term loan with a 10-year interest-only period, this financing option allows for lower initial payments, providing flexibility for the investor. The property generates sufficient cash flow, demonstrated by a DSCR of 1.028, ensuring that the rental income comfortably covers the debt obligations.

This loan will enable the investor to optimize cash flow while maintaining a solid equity base in the property. By leveraging favorable financing terms, the investor can strategically manage their portfolio and pursue additional investment opportunities, ultimately enhancing their long-term wealth accumulation in the competitive Cartersville rental market.