Gregory Michael Mlacker Acquires Pinecrest SFR For $1.36M
SOLD
$1,356,000
Florida
See Similar DealsSingle Family Residence2,102 SF
Sold 03/29/2022
SOLD
Gregory Michael Mlacker Acquires Pinecrest SFR For $1.36M
7271 Southwest 113th Street, Miami, Florida 33156, United States
See Similar DealsSingle Family Residence2,102 SF
Sold 03/29/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$645
Total Square Footage:2,102 SF
Transaction Type:Sale
A single-family home located at 7271 SW 113th Street in Pinecrest was recently sold for a price of $1,356,000. The property spans 2,102 square feet and has a price per square foot of $645. It was sold on March 29, 2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,356,000
- Market: Pinecrest
- Seller: Gilbert & Eleanor Levine
- Seller's Representative: Belinda Sime - Sime Realty Corporation
- Buyer: Gregory Michael Mlacker
- Buyer's Representative: Eric & Vera Fernandez - Sol/Mar Real Estate
The buyer in this transaction is Gregory Michael Mlacker, while the sellers are Gilbert & Eleanor Levine. Representing the buyer is Eric & Vera Fernandez from Sol/Mar Real Estate, and the seller's representative is Belinda Sime from Sime Realty Corporation.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,319.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,817.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,428.13
Annual Debt Service$77,137.58
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