Don't Miss This Property in Marion, NC!

Borrower is a new investor looking to cash out Refi a SFR property located in Marion, NC and hold it for long term loan. Property is in good condition, appraised for $350,000.00 as is with a CDA confirming the value was acceptable. Property is currently leased and generating $2,200.00/Month which is equal to the appraisers estimate market rent at (2,200.00/Month). Bank statement reflects sufficient liquidity to close this deal. Loan is structured at 60.00% LTV presenting 1.26 DSCR.