Merve Gumusyazici Acquires SFR In Miami Beach For $1.25M
SOLD
Florida
See Similar DealsSingle Family Residence1,765 SF
Sold 02/05/2021
SOLD
Merve Gumusyazici Acquires SFR In Miami Beach For $1.25M
6025 Alton Rd, Miami Beach, FL, USA
See Similar DealsSingle Family Residence1,765 SF
Sold 02/05/2021
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$708
Total Square Footage:1,765 SF
Transaction Type:Sale
A single-family residential property located at 6025 Alton Rd. in Miami Beach has been sold. The sale was completed on 02/05/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,250,000
- Square Footage: 1,765
- Price per Square Foot: $708
- Asking Price: $1,350,000
- Buyer's Representative: Merve Gumusyazici
- Seller's Representative: Jon Kotler
Merve Gumusyazici represented the buyer in this transaction, while Jon Kotler acted as the seller's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$66,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,440.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,925.64
Annual Debt Service$71,107.65
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