Hera Lending Provides $5 Million Construction Loan For Miami Single Family Property
FINANCED
$5,000,000
Florida
See Similar DealsSingle Family Residence6,600 SF
Financed 09/17/2025
FINANCED
Hera Lending Provides $5 Million Construction Loan For Miami Single Family Property
5390 Southwest 78th Street
See Similar DealsSingle Family Residence6,600 SF
Financed 09/17/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$757
Total Square Footage:6,600 SF
Transaction Type:Loan
A single-family property located at 5390 Southwest 78th Street in Miami, FL, encompasses 6,600 square feet. A construction loan was secured for this asset, amounting to $5,000,000.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,000,000
- Lender: Hera Lending
- Loan Type: Construction
- Loan Terms: 18 months
This transaction involved a Fix & Flip loan, exemplifying Hera Lending's capability to provide swift and flexible capital for real estate investors in competitive markets.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$5,000,000.00
Monthly NOI$33,333.33
Monthly Debt Service$31,603.40
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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