Investor is looking to acquire the subject property located in Albany, NY with intentions of holding it long-term as a rental property. Subject is a duplex appraised for $240k as-is and a CDA was confirmed the value was acceptable. The property has tenants in place renting for $2050/month. Sponsor on the loan has good credit and bank statements evidence sufficient liquidity to meet the reserve requirement. Loan structured and priced in accordance with the qualification model. Total loan amount 80% LTV/LTC with a DSCR of 1.04.