Have You Seen This Property in Baltimore, MD?

Borrower looking to cash out refinance on subject property located in Baltimore, MD and hold it to long term loan. Subject is an SFR currently leased for $1,563 per month which is less than the market rates per the appraiser's estimate ($1,750). Subject appraised for $184K As-Is and CDA was ordered to confirm the appraised value. Sponsor on the loan with excellent credit with a mid-score of 772. Bank statements reflect sufficient funds to meet the reserve requirement. Loan structured and priced in accordance with the qualification model. Total loan amount 75.00% LTV with 1.17 DSCR.