Repeat borrower looking for a rate/term refinance on the subject property located in La Joya, TX. Subject is a single-family home that is currently leased for $1,580/month which is higher than the market rates per the appraiser's estimate of $1,450/month. Subject was appraised for $187k As-Is and a CDA was ordered to confirm the value is acceptable. Sponsor on the loan has good credit and bank statements verify sufficient liquidity to meet the reserve requirement for the deal. Total loan amount 80% LTV, 85% LTC with 1.20 DSCR.