Victor Reyes, Diana Rodriguez, And Zeida Castillo Acquire SFR In Miami For $1M
8290 Southwest 5th Street, Miami, Florida 33144, United States
$1,000,000
$335/SF
Building Size
2,985 SF
Asset Type
Single Family Residence
Closing
Mar 7, 2022
AI
An SFR located at 8290 SW 5th St in Miami has been sold for $1,000,000. The property spans across 2,985 square feet with a price per square foot of $335.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $1,000,000
- Property Address: 8290 SW 5th St, Miami
- Market: Miami
Victor Reyes, Diana Rodriguez, and Zeida Castillo have acquired the property from Alexander Alvarez and Ana M. Alvarez. Justin Kirkwood from LUXE Properties LLC represented the buyers in this 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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93