Henrry Rodriguez Acquires Miami SFR From Marcos Castro For $1.3M
2970 Southwest 128th Avenue
$1,300,000
Building Size
—
Asset Type
Single Family Residence
Closing
Sep 7, 2022
AI
The property asset involved in the transaction is a single-family residence located at 2970 SW 128th Ave in the Miami market. The sale price was $1,300,000, with a total square footage of 3,889 and a price per square foot of $334.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,300,000
- Address: 2970 SW 128th Ave
- Market: Miami
- Square Footage: 3,889
- Price Per Square Foot: $334
- Buyer: Henrry Rodriguez
- Seller: Marcos Castro
- Brokers: George Canciobello, Richard Mendez & Trent Alvarado - Lifestyle International Realty
The transaction featured Henrry Rodriguez as the buyer acquiring the property from seller Marcos Castro. The deal was facilitated by brokers George Canciobello, Richard Mendez, and Trent Alvarado, representing the respective parties in this closed transaction.
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93