Daniel Benarroch Of Alto Capital Provides $2.76M Refinance Loan For Miami Single Family Home
950 Northeast 73rd Street
$2,759,042
$689/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Aug 20, 2025
AI
The asset involved in this transaction is a single-family property located at 950 Northeast 73rd Street in Miami, Florida. The property has a total square footage of 4,000 and was subject to a refinance loan arrangement.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,759,042
- Loan Type: Refinance
- Loan Terms: 18 Months
- Lender: Daniel Benarroch - Alto Capital
- Note: No prepayment penalty
- Location: Miami, FL
Daniel Benarroch from Alto Capital was involved in this transaction as the lender, providing crucial funding for the refinance. The arrangement supports the transformative plans of investors, emphasizing the backing and execution needed for successful property projects.
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
5.75%
Cash-on-Cash
-1.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93