🔒 Exact address available to members — unlock now →
8.50%
CAP RATE (BROKER-STATED)
DSCR1.50x
STRESS DSCR1.20x
DISCOUNT TO PENCIL~5% off ask
TAX EXP
At a 8.50% broker-stated cap rate in the $3M–$5M price band, this multifamily deal runs 1.50x DSCR as-stated. Stressed for a 15% NOI haircut, DSCR falls to 1.20x — short of our 1.25x cushion at the asking price, roughly ~5% off ask needed to clear it under conventional underwriting. Graded A, ranked by stressed DSCR against every other multifamily listing underwritten this cycle — a relative ranking, not a lender pre-approval.
📍 IL 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.