The structure reports an Offering LTV of 100% and a DSCR of 3.02x. Total finance expenses are stated at $2,656,000.
Leverage profile
All-cash offering — no mortgage debt, so there is no leverage to chart.
Loan Amount
—
Term
—
Interest Rate
—
Fixed / Variable
—
Prepayment Penalty
—
DSCR
3.02x
Acquisition LTV
—
Offering LTV
100%
Strengths
- High coverage ratio with DSCR at 3.02x
Concerns
- Offering LTV listed at 100%
- Finance expenses total $2,656,000