Chad Johnson's Lady Jane’s Haircuts For Men Acquires Fort Lauderdale SFR For $7.3M
1300 Brickell Drive, Fort Lauderdale, FL, USA
$7,339,050
$864/SF
Building Size
8,488 SF
Asset Type
Single Family Residence
Closing
Feb 15, 2021
AI
An SFR property in Fort Lauderdale was sold on 02/16/2021 for a total price of $7,339,050. The property spans 8,488 square feet with a price per square foot of $865. It is situated on a spacious 0.8-acre lot.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,339,050
- Market: Fort Lauderdale
The buyer of the property is Chad Johnson, representing Lady Jane’s Haircuts for Men. The seller, Cindy Herd and Crockett Herd, were represented by Julie Jones-Bernard from Florida Luxurious Properties. Chad Carroll from The Carroll Group - Compass served as the buyer's representative in this deal.
Players
Fort Lauderdale 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
2.16%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93