Henrry Rodriguez Acquires Miami SFR From Marcos Castro For $1.3M
SOLD
$1,300,000
Florida
See Similar DealsSingle Family Residence
Sold 09/07/2022
SOLD
Henrry Rodriguez Acquires Miami SFR From Marcos Castro For $1.3M
2970 Southwest 128th Avenue
See Similar DealsSingle Family Residence
Sold 09/07/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$69,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,618.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,162.66
Annual Debt Service$73,951.96
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