Andrew Lakomi Acquires SFR In Miami For $1.2M
SOLD
$1,200,000
Florida
See Similar DealsSingle Family Residence1,762 SF
Sold 08/09/2022
SOLD
Andrew Lakomi Acquires SFR In Miami For $1.2M
2541 Southwest 24th Avenue
See Similar DealsSingle Family Residence1,762 SF
Sold 08/09/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$681
Total Square Footage:1,762 SF
Transaction Type:Sale
A single-family residence located at 2541 SW 24th Ave in Miami has been sold in a recent transaction. The property, spanning approximately 1,762 square feet, was sold for a total price of $1,200,000, resulting in a price per square foot of $681.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,200,000
- Market: Miami
- Address: 2541 SW 24th Ave
- Buyer: Andrew Lakomi
- Seller: William & Karie Noftsinger
- Buyer's Representative: Michelle Cardenas - Compass FL LLC
The buyer, Andrew Lakomi, acquired the property from sellers William & Karie Noftsinger. The transaction was facilitated by Michelle Cardenas from Compass FL LLC, who represented Andrew Lakomi throughout the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$64,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35
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