Equity Lending Solutions Provides $3.6M Refinance Loan For 3905 Crawford Ave In Miami-Dade
3905 Crawford Avenue
$3,600,000
$666/SF
Building Size
5,400 SF
Asset Type
Other
Closing
Oct 31, 2022
AI
A loan for a property located at 3905 Crawford Avenue in Miami-Dade has been closed. The property is a single-family home with a total square footage of 5,400. The loan was provided by Equity Lending Solutions for a refinance transaction.
Summary of transaction details
- Property Type: Note / Loan - Single-Family Home
- Transaction Amount: $3,600,000
- Loan Type: Refinance
- Loan Terms: 12 Month I/O Loan
- Lender: Equity Lending Solutions
- Broker: Hector Castro - Equity Lending Solutions
Equity Lending Solutions offers attractive loan products for developers and flippers, making them a preferred choice for financing solutions.
Players
Miami Other Market Snapshot
Boundary boundary · Other · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93