Jerry Britt Of 365 Property Partners Acquires SFR In Tampa From Seller Andre Castro
801 South Poinsettia Drive, Tampa, FL 33609
$1,010,000
$204/SF
Building Size
4,930 SF
Asset Type
Single Family Residence
Closing
Oct 15, 2021
AI
Located in Tampa, the property at 801 S Poinsettia Drive recently changed hands in a sale transaction. The single-family residential property, spanning approximately 4,930 square feet, was sold for a sale price of $1,010,000. The property is situated in a market with strong demand for residential real estate.
Summary of transaction details
- Property Type: Single-Family Residential
- Transaction Amount: $1,010,000
- Date: October 15, 2021
- Address: 801 S Poinsettia Drive
- Market: Tampa
Jerry Britt, represented by 365 Property Partners, acted as the buyer in the transaction. The seller was Andre Castro. Kevin Lee, from LuCapital Management, served as the broker facilitating the deal. The lenders involved in the transaction were Caleb Delgado and David Clemens from DKC Lending.
Players
Tampa 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
15.71%
Cash-on-Cash
-4.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93