Andres Saias Of RBI Private Lending Provides $2.1M Construction Loan For Miami Single Family Home
FINANCED
$2,103,750
Florida
See Similar DealsSingle Family Residence3,367 SF
Financed 09/15/2025
FINANCED
Andres Saias Of RBI Private Lending Provides $2.1M Construction Loan For Miami Single Family Home
120 Northeast 42nd Street
See Similar DealsSingle Family Residence3,367 SF
Financed 09/15/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$624
Total Square Footage:3,367 SF
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$2,103,750.00
Monthly NOI$14,025.00
Monthly Debt Service$13,297.13
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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