Repeat and experienced borrower looking to rate/term refinance the subject property located in Gastonia, NC. Property is a single-family home appraised for $206k as-is, and leased over market rent at $1700/month. Sponsor on the loan has excellent credit and bank statements reflect sufficient liquidity to meet the reserve requirement for the deal. Loan structured and priced in accordance with the LTR model. Total loan amount 74.76% LTV with 1.26 DSCR.