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A repeat and experienced borrower was looking to purchase a 3-property portfolio in Syracuse, NY to hold for long-term rental income. The portfolio consists of 3 two-family homes, with a combined rent for the units at $7,600/month. The properties were appraised for a total of $535k as-is and a CDA report confirmed the values were acceptable. Sponsors on the loan have good 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 79.10% LTV and 80.00% LTC with 1.78 DSCR.