GPS Capital Provides $1.2M Loan For Mixed-Use Property At 953 East 31st Street In Rockland County
953 East 31st Street, Hialeah, FL, USA
$1,200,000
Building Size
—
Asset Type
Mixed-use
Closing
Jan 18, 2021
About this deal
AI
A mixed-use property located at 953 East 31st Street in Rockland County has been involved in a recent transaction. The transaction took place on January 19, 2021, and the property was financed by GPS Capital with a loan amount of $1,200,000.
Summary of transation details
- Property Type: Mixed-use
- Transaction Amount: $1,200,000
- Lender: GPS Capital
- Landlord: Ben Silver
The property at 953 East 31st Street was purchased through the financing provided by GPS Capital. Ben Silver is the landlord of this mixed-use property. The transaction took place recently, on January 19, 2021.
Players
Hialeah Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93