🔒 Exact address available to members — unlock now →
5.75%
CAP RATE (BROKER-STATED)
DSCR0.85x
STRESS DSCR0.65x
DISCOUNT TO PENCIL~50% off ask
At a 5.75% broker-stated cap rate in the $3M–$5M price band, this industrial deal runs 0.85x DSCR as-stated. Stressed for 10% vacancy, 4% collection loss, a 5% management fee, and a per-square-foot CapEx reserve, DSCR falls to 0.65x — short of our 1.25x cushion at the asking price, roughly ~50% 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.