Don't Miss This Property in Mount Ephraim, NJ!

A borrower is securing a cash-out refinance on this single-family rental (SFR) in Mount Ephraim, NJ, to hold as a long-term rental investment. The property is currently leased for $2,600 per month, which is above the market rate per the appraiser’s estimate.

• Appraised Value (As-Is): $252K (CDA confirmed)
• Loan-to-Value (LTV): 70%
• Debt Service Coverage Ratio (DSCR): 1.10
• Borrower Profile: Strong credit (740 mid-score) and sufficient liquidity per bank statements
• Loan Structure: Priced and structured per qualification model

This deal highlights the potential for investors looking to maximize cash flow with strong rental income and stable financing.