Jac Collinsworth Acquires Single Family Home From Ian Manuel In Miami
SOLD
$2,300,000
Florida
See Similar DealsSingle Family2,117 SF
Sold 05/21/2024
SOLD
Jac Collinsworth Acquires Single Family Home From Ian Manuel In Miami
311 Southwest 21st Road
See Similar DealsSingle Family2,117 SF
Sold 05/21/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,086
Total Square Footage:2,117 SF
Transaction Type:Sale
The single-family property located at 311 Southwest 21st Road in Miami was sold for $2,300,000. The transaction involved a total area of 2,117 square feet, resulting in a price per square foot of $1,086.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,300,000
- Buyer: Jac Collinsworth
- Seller: Ian Manuel
- Buyer's Representative: Gatien Salaun - Coldwell Banker
- Seller's Representative: Anthony Rabasa - Boschetti Realty Group
The deal was facilitated by Gatien Salaun from Coldwell Banker, representing the buyer, Jac Collinsworth, while Anthony Rabasa from Boschetti Realty Group represented the seller, Ian Manuel.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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