Romain Ritter And Anne-Laure Ritter Purchase Single Family Residence On Portillo St For $2.45M
6823 Portillo St
$2,450,000
$602/SF
Building Size
4,070 SF
Asset Type
Single Family Residence
Closing
Feb 10, 2021
AI
The property asset involved in the transaction is a single-family residence located at 6823 Portillo St in Miami. The transaction was completed at a price of $2,450,000.00 and the property encompasses a total square footage of 4,070.0.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $2,450,000.00
- Address: 6823 Portillo St
- Market: Miami
- Square Footage: 4,070.0
- Buyer: Romain Ritter and Anne-Laure Ritter
- Seller: Greengar LLC
- Broker Representatives: Alberto Gonzalez - Shelton & Stewart Realtors, Charlie Rua - Rua Realty
This transaction involved Romain Ritter and Anne-Laure Ritter as the buyers, while Greengar LLC served as the seller. The deal was facilitated by brokers Alberto Gonzalez from Shelton & Stewart Realtors and Charlie Rua from Rua Realty, representing their respective parties in the 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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93