Takashi Oyagi Acquires Fort Lauderdale Townhouse For $1.2M
SOLD
Florida
See Similar DealsOther2,658 SF
Sold 06/20/2022
SOLD
Takashi Oyagi Acquires Fort Lauderdale Townhouse For $1.2M
1705 Northeast 5th Street
See Similar DealsOther2,658 SF
Sold 06/20/2022
Summary
FLORIDA
Asset Type:Other
Price Per Square Foot:$449
Total Square Footage:2,658 SF
Transaction Type:Sale
The townhouse located at 1705 NE 5th St in Fort Lauderdale has been sold in a recent transaction. The property spans 2,658 square feet and was sold for a price of $1,195,000, resulting in a price per square foot of $450. The sale was facilitated by broker Jennifer Azan of Related ISG International Realty.
Summary of transaction details
- Property Type: Townhouse
- Sale Price: $1,195,000
- Square Footage: 2,658
- Price per Square Foot: $450
- Address: 1705 NE 5th St, Fort Lauderdale
- Market: Fort Lauderdale
Takashi Oyagi was the buyer of this townhouse, while Anissa Holmes acted as the seller. Jennifer Azan, representing Related ISG International Realty, served as the broker in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$63,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,245.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,664.91
Annual Debt Service$67,978.92
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