Jorge Rey Leases Single Net Lease SFR At 6016 Leonardo Street For $24,500/Month
6016 Leonardo Street
$24,500
$24,500/SF
Building Size
5,367 SF
Asset Type
Single Family Residence
Closing
Mar 16, 2026
AI
The property asset involved is a single-family residence located at 6016 Leonardo Street in the Coral Gables market. The lease is structured as a Single Net Lease with the asking rent set at $24,500 per month. The total area of the property is 5,367 square feet.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $24,500/Month
- Address: 6016 Leonardo Street
- Market: Coral Gables
- Lease Type: Single Net Lease
- Landlord: Jorge Rey
- Tenant's Representative: Ralph Garcia - The Keyes Company
The deal involved Jorge Rey as the landlord, with representation for the tenant provided by Ralph Garcia from The Keyes Company, facilitating the terms of the lease agreement.
Players
Coral Gables Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
647.47%
Cash-on-Cash
-185.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93