Mount Pleasant, MI: 7.78% Cap Rate, 1.16x Stressed DSCR — Grade B

Exact address available to members below
B
Stated cap rate7.78%
Cap rate sourceStated
As-stated DSCR1.37x
Stress DSCR1.16x
IO DSCR (as-stated)1.60x
Cash-on-cash @70% LTV8.2%
Cash-on-cash @80% LTV8.6%
Discount band (est.)~10% off ask

Building is flagged for vintage/capex risk. This is DYODD screening, not a lender approval or investment advice.