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Jon Fincher & @Eric Dungy

Compass Florida Acquires SFR In Odessa For $2.7M
SOLDSingle Family Residence

Compass Florida Acquires SFR In Odessa For $2.7M

Jon Fincher & @Eric Dungy

$2,725,000

$396/SF

Building Size

6,870 SF

Asset Type

Single Family Residence

Closing

Jul 21, 2020

AI

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.

Players

Jon Fincher

Compass

Broker

$6.8M

vol

2 deals

Broker

New York Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.82%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93