FINANCEDMultiFamily
We Lend LLC Provides $1.5M Refinance Loan For Brooklyn Multifamily Property
Brooklyn, New York, United States
$1,500,000
Building Size
—
Asset Type
MultiFamily
Closing
Jun 6, 2022
AI
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,500,000
- Units: 3
- Lender: We Lend LLC
- Contact: Solomon Suleymanov at [email protected]
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93