facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Single Family

/

Loan

/

489 Fishtail Terrace

Updated Dec 4, 2024

Ronald Nunez Provides $700K Acquisition Loan For Property In Weston
FINANCEDSingle Family

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

About $451 per square foot on a published $700K for 1,552 square feet (2023).

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

More Deals

Nearby Markets