SOJC Inc Acquires Single Family Home From Sunil Ram In Miami For $1.92M
12505 Southwest 112th Court
$1,920,000
$539/SF
Building Size
3,556 SF
Asset Type
Single Family Residence
Closing
Aug 20, 2024
AI
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
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.26%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93