Updated Oct 9, 2026
Nelson Reyes Secures $1.068M Construction Loan For Single Family Home In Miami
4011 Northwest 6th Avenue
$1,068,942
$435/SF
Building Size
2,452 SF
Asset Type
Single Family Residence
Closing
Mar 28, 2025
About this deal
AI
The property asset involved in the transaction is located at 4011 Northwest 6th Avenue, Miami. This single-family home has a total square footage of 2,452. The transaction involves a construction loan secured for the amount of $1,068,942.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,068,942
- Lender: Andres Saias - RBI Private Lending
- Landlord: Nelson Reyes
- Broker: Sergio Santana - SDS Investments LLC
- Loan Type: Construction
- Loan Terms: 24 months
- LTC: 85%
- Interest Rate: 10.5% (Interest Only Loan)
The individuals involved in this transaction include lender Andres Saias, representing RBI Private Lending, and broker Sergio Santana, who operates underSDS Investments LLC, facilitating the financing aspects of this deal. The landlord for the property is Nelson Reyes.
On the Map
$1,068,942
$435/SF
Single Family Residence
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Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.84%
Cash-on-Cash
-4.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93