Francisco Lagos Marmol & Delgado Leonardo Jr Acquire 5& Family Property In Miami, FL From Gilbert A. Contreras For $4.1M
SOLD
$4,135,000
Florida
See Similar DealsMultiFamily2,472 SF
Sold 05/26/2022
SOLD
Francisco Lagos Marmol & Delgado Leonardo Jr Acquire 5& Family Property In Miami, FL From Gilbert A. Contreras For $4.1M
201 Southwest 21st Court, Miami, Florida 33135, United States
See Similar DealsMultiFamily2,472 SF
Sold 05/26/2022
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$1,672
Total Square Footage:2,472 SF
Transaction Type:Sale
The property at 201 SW 21st CT in Miami, FL has been sold in a recent transaction. This 5+ family asset spans across 2,472 square feet of space. The selling price for this property was $4,135,000, resulting in a price per square foot of $1,672.
Summary of transaction details
- Property Type: 5+ Family
- Transaction Amount: $4,135,000
- Address: 201 SW 21st CT, Miami, FL
- Market: Miami, FL
The buyer of the property is Francisco Lagos Marmol and Delgado Leonardo Jr, while the seller is Gilbert A. Contreras.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$220,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,690.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,602.01
Annual Debt Service$235,224.11
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