Updated Dec 4, 2024
Ronald Nunez Provides $700K Acquisition Loan For Property In Weston
489 Fishtail Terrace
$700,000
$451/SF
Building Size
1,552 SF
Asset Type
Single Family
Closing
Aug 3, 2023
About this deal
AI
Located at 489 Fishtail Terrace in Weston, this single-family property spans approximately 1,552 square feet. The property was acquired through a conventional purchase loan with an amount of $700,000. Serving as the lender, Ronald Nunez facilitated the acquisition loan for this property. The transaction took place on August 3, 2023. The property is now under the ownership of Jerry and Aura Duque, who will be the landlords.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $700,000
- Loan Type: Acquisition
- Loan Terms: Conventional Purchase
- Lender: Ronald Nunez
- Landlords: Jerry & Aura Duque
Ronald Nunez, acting as the lender, played a crucial role in facilitating the conventional purchase loan for this single-family property in Weston. The loan terms were agreed upon during the acquisition process, ensuring a smooth transaction for both parties involved. The loan amount of $700,000 enabled Jerry and Aura Duque to become the new property owners and landlords.
Players
Weston Single Family Market Snapshot
Boundary boundary · Single Family · Loan transactions
Loading comparables…
Deal FAQ
Browse Weston single family loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
22.66%
Cash-on-Cash
-6.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93