Robert Fernand Acquires SFR In Plantation Acres For $2.35M
SOLD
Florida
See Similar DealsSingle Family Residence4,900 SF
Sold 03/23/2022
SOLD
Robert Fernand Acquires SFR In Plantation Acres For $2.35M
12351 Northwest 5th Street, Plantation, Florida 33325, United States
See Similar DealsSingle Family Residence4,900 SF
Sold 03/23/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$479
Total Square Footage:4,900 SF
Transaction Type:Sale
A single-family residential property located at 12351 NW 5th St in Plantation Acres has been sold for $2,350,000. The property spans approximately 4,900 square feet, resulting in a price per square foot of $480.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $2,350,000
- Date: 03/23/2022
- Market: Plantation Acres
The buyer of the property is Robert Fernand, while the seller is Rhino Homes. The transaction was facilitated by two brokers, David Pulley from Douglas Elliman and Dianna Hopkins from Compass Florida.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$125,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,349.06
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,140.20
Annual Debt Service$133,682.39
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