Compass Florida Acquires SFR In Odessa For $2.7M
SOLD
Massachusetts
See Similar DealsSingle Family Residence6,870 SF
Sold 07/22/2020
SOLD
Compass Florida Acquires SFR In Odessa For $2.7M
Jon Fincher & @Eric Dungy
See Similar DealsSingle Family Residence6,870 SF
Sold 07/22/2020
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$396
Total Square Footage:6,870 SF
Transaction Type:Sale
A single-family residential property in Odessa has been sold for a price of $2,725,000. The property spans a total area of 6,870 square feet, resulting in a price per square foot of $397.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $2,725,000
- Square Footage: 6,870
- Price per Square Foot: $397
The seller's representatives for this transaction were Jon Fincher and Eric Dungy from Compass Florida, LLC. On the other hand, Margaret Pressner from Coldwell Banker Residential represented the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$145,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,681.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,917.89
Annual Debt Service$155,014.68
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