Manny Machado Acquires Coronado SFR For $10M With Brokers Eric Iantorno & Clinton Selfridge
SOLD
California
See Similar DealsSingle Family Residence7,288 SF
Sold 11/17/2020
SOLD
Manny Machado Acquires Coronado SFR For $10M With Brokers Eric Iantorno & Clinton Selfridge
Coronado, San Diego, CA, USA
See Similar DealsSingle Family Residence7,288 SF
Sold 11/17/2020
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,372
Total Square Footage:7,288 SF
Transaction Type:Sale
A single-family residence (SFR) in Coronado, San Diego has been sold for $10,000,000. The property spans 7,288 square feet and has a price per square foot (PPSF) of $1,372. The sale took place on November 17, 2020.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $10,000,000
- Market: Coronado, San Diego
The buyer of the property is Manny Machado. The deal was facilitated by two brokers, Eric Iantorno from Pacific Sotheby's International Realty and Clinton Selfridge from Keller Williams.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$533,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,527.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$47,405.10
Annual Debt Service$568,861.22
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