Repeat borrowers looking to cash out refinance the subject property located in Wilkes Barre, PA after completing approximately $40k in rehab work on it. The property is currently leased at $2,900/month which is above market rate of $2,000. Subject was appraised for $245k as-is, and a CDA confirmed the value was acceptable. Sponsors on the loan have good credit and bank statements reflect sufficient liquidity to meet the reserve requirement. Total loan amount 75% LTV, presenting 1.46 DSCR.