Alejandro Reyes Acquires SFR In West Cherry Grove, Miami FL For $2.55M
SOLD
$2,550,000
Florida
See Similar DealsSingle Family Residence4,790 SF
Sold 05/24/2022
SOLD
Alejandro Reyes Acquires SFR In West Cherry Grove, Miami FL For $2.55M
9885 Southwest 96th Street, Miami, Florida 33176, United States
See Similar DealsSingle Family Residence4,790 SF
Sold 05/24/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$532
Total Square Footage:4,790 SF
Transaction Type:Sale
A single-family home located at 9885 SW 96th St in West Cherry Grove, Miami FL has been sold for $2,550,000. The property spans 4,790 square feet, resulting in a price per square foot of $532.
Summary of transaction details:
- Property Type: Single Family Residential (SFR)
- Transaction Amount: $2,550,000
- Address: 9885 SW 96th St, West Cherry Grove, Miami FL
- Market: West Cherry Grove, Miami FL
- Buyer: Alejandro Reyes
- Seller: Ada Linares
- Broker: Gustavo Pacheco - EXP REALTY LLC
Gustavo Pacheco from EXP REALTY LLC represented the buyer and seller in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$136,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,059.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,088.30
Annual Debt Service$145,059.61
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