Zoila Avila Trust Acquires Single Family Residence In Miami For $1.415M From Duane And Marguerite Banks
6918 Barquera St
$1,415,000
$736/SF
Building Size
1,922 SF
Asset Type
Single Family Residence
Closing
Feb 8, 2024
AI
The property asset involved in this transaction is a Single Family Residence located at 6918 Barquera St in the Miami market. The residence has a sale price of $1,415,000.00 and encompasses a total square footage of 1922.0.
Summary of transaction details:
- Property Type: Single Family Residence
- Transaction Amount: $1,415,000.00
- Address: 6918 Barquera St
- Market: Miami
- Square Footage: 1922.0
- Buyer: Zoila Avila Trust
- Seller: Duane Banks and Marguerite Banks
- Brokers: Lynley Ciorbea - BHHS EWM Realty, Charlie Rua - Rua Realty
The transaction features Zoila Avila Trust as the buyer, while the sellers are Duane Banks and Marguerite Banks. The brokers facilitating the deal are Lynley Ciorbea from BHHS EWM Realty and Charlie Rua from Rua Realty, representing their respective clients 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
11.21%
Cash-on-Cash
-3.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93