Jennifer Lopez & Alex Rodriguez Acquire $40M SFR In Miami Beach
SOLD
$40,000,000
National
See Similar DealsSold 08/14/2020
SOLD
Jennifer Lopez & Alex Rodriguez Acquire $40M SFR In Miami Beach
Sold 08/14/2020
Summary
Transaction Type:Sale
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$2,133,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$142,111.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$189,620.41
Annual Debt Service$2,275,444.88
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