Eduardo Cohen Of RBI Private Lending Provides $1,130,500 Loan For Miami Single Family Acquisition
6421 Southwest 56th Street
$1,130,500
$490/SF
Building Size
2,305 SF
Asset Type
Single Family Residence
Closing
May 3, 2026
AI
The asset involved in this transaction is a single-family home located at 6421 Southwest 56th Street in Miami, featuring a total square footage of 2,305. The acquisition loan amount was set at $1,130,500, with specific loan terms lasting for 18 months.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,130,500
- Loan Type: Acquisition
- Loan Terms: 18 Months
- Lender: Eduardo Cohen - RBI PRIVATE LENDING
- Broker: Sergio Santana - Fairway Capital Group
Eduardo Cohen represented RBI PRIVATE LENDING as the lender for this transaction, while Sergio Santana from Fairway Capital Group served as the broker. The loan was noted to be a fix and flip loan, and the transaction was completed in less than 48 hours.
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
14.03%
Cash-on-Cash
-4.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93