🔒 Exact address available to members — unlock now →
6.25%
CAP RATE (BROKER-STATED)
DSCR0.90x
STRESS DSCR0.40x
DISCOUNT TO PENCIL~70% off ask
At a 6.25% broker-stated cap rate in the $2M–$3M price band, this industrial deal runs 0.90x DSCR as-stated. Stressed for 10% vacancy, 4% collection loss, a 5% management fee, and a per-square-foot CapEx reserve, DSCR falls to 0.40x — short of our 1.25x cushion at the asking price, roughly ~70% off ask needed to clear it under conventional underwriting. Graded D, ranked by stressed DSCR against every other industrial listing underwritten this cycle — a relative ranking, not a lender pre-approval.
See the exact address, price, and target offer
Membership unlocks the full underwriting on every listing — exact address, exact asking price, and the discount to pencil: the exact price cut and percent off ask needed to hit a 1.25x stressed DSCR cushion under conventional underwriting, given stated NOI. Plus a link to the original listing.