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SOJC Inc Acquires Single Family Home From Sunil Ram In Miami For $1.92M

Property Image
SOLD
$1,920,000

Florida

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Single Family Residence3,556 SF
Sold 08/20/2024
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Property Image
SOLD

SOJC Inc Acquires Single Family Home From Sunil Ram In Miami For $1.92M

12505 Southwest 112th Court

See Similar Deals
Single Family Residence3,556 SF
Sold 08/20/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$539
Total Square Footage:3,556 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 12505 Southwest 112th Court, Miami. The sale price of the property is $1,920,000, and it has a total square footage of 3,556. The price per square foot for this property stands at $539.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,920,000
  • Address: 12505 Southwest 112th Court
  • Market: Miami
  • Square Footage: 3,556
  • Price per Square Foot: $539
  • Buyer: SOJC Inc
  • Seller: Sunil Ram
  • Broker: Meisha Jattin - Empire Miami Group - Douglas Elliman
  • Attorney: Carlos Ferreyros

This deal features key participants, including the buyer SOJC Inc and the seller Sunil Ram. The transaction was facilitated by the broker Meisha Jattin from Empire Miami Group - Douglas Elliman, while legal representation was provided by attorney Carlos Ferreyros.

Players

Meisha Jattin
Meisha Jattin
6 deals$10.5M volume
BROKER

Details

SOLD
IMAGE: Carlos Ferreyros & Meisha Jattin DATE: 08/20/2024 ADDRESS: 12505 Southwest 112th Court MARKET: Miami ASSET TYPE: Single Family BUYER: SOJC Inc SELLER: Sunil Ram BROKER: Meisha Jattin (@Meishamiami) - Empire Miami Group (@EmpireMiamiGroup) - Douglas Elliman (@DouglasElliman) ATTORNEY: Carlos Ferreyros SALE PRICE: $1,920,000 SF: 3,556 ~ PPSF: $539

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$102,400.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,821.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,101.78
Annual Debt Service$109,221.35