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120 Northeast 42nd Street

Andres Saias Of RBI Private Lending Provides $2.1M Construction Loan For Miami Single Family Home
FINANCEDSingle Family Residence

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

Sergio Santana

SDS Investments

Broker

$3.2M

vol

2 deals

Broker

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