Andres Saias Of RBI Private Lending Provides $2.1M Construction Loan For Miami Single Family Home
120 Northeast 42nd Street
$2,103,750
$624/SF
Building Size
3,367 SF
Asset Type
Single Family Residence
Closing
Sep 14, 2025
AI
The property asset involved in the transaction is a single-family home located at 120 Northeast 42nd Street in Miami. It encompasses a total square footage of 3,367 and is associated with a construction loan amounting to $2,103,750.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,103,750
- Address: 120 Northeast 42nd Street
- Market: Miami
- Asset Type: Single Family
- Square Footage: 3,367
- Lender: Andres Saias - RBI Private Lending
- Broker: Sergio Santana - SDS Investments
- Loan Type: Construction
- Loan Terms: 24
This transaction involves key individuals such as lender Andres Saias, representing RBI Private Lending, and broker Sergio Santana, representing SDS Investments. Their roles are crucial in facilitating this loan agreement in the Miami property market.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.54%
Cash-on-Cash
-2.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93