🔒 Exact address available to members — unlock now →
7.50%
CAP RATE (BROKER-STATED)
DSCR1.30x
STRESS DSCR1.10x
DISCOUNT TO PENCIL~15% off ask
At a 7.50% broker-stated cap rate in the $2M–$3M price band, this multifamily deal runs 1.30x DSCR as-stated. Stressed for a 15% NOI haircut, DSCR falls to 1.10x — short of our 1.25x cushion at the asking price, roughly ~15% off ask needed to clear it under conventional underwriting. Graded B, ranked by stressed DSCR against every other multifamily listing underwritten this cycle — a relative ranking, not a lender pre-approval.
📍 IN is a landlord-friendly state — 10-day notice to pay or vacate, no statewide rent control.
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.