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Teddy Truchot Acquires Bryan Birdman Williams' Miami Beach SFR For $10.85M

Property Image
SOLD
$10,850,000
Lourdes Alatriste
TT

National

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Sold 07/24/2020
the dealplayerscompscontact
Property Image
SOLD

Teddy Truchot Acquires Bryan Birdman Williams' Miami Beach SFR For $10.85M

Sold 07/24/2020
Lourdes Alatriste
TT
the dealplayerscompscontact
Contact now

Summary

Transaction Type:Sale

Players

Lourdes Alatriste
Douglas Elliman
Lourdes Alatriste
38 deals$535.9M volume(305) 926-5322
BROKER
TT
Teddy Truchot
2 deals$14.9M volume
BUYER

Details

SOLD
IMAGE: IMAGE: Bryan “Birdman” Williams & Lourdes Alatriste DATE: 07/24/2020 MARKET: Miami Beach ASSET TYPE: SFR PRICE: $10,850,000 SF: 20,000 PPSF: $543 SELLER: Bryan “Birdman” Williams BUYER: Teddy Truchot BROKER: Lourdes Alatriste – @AlatristeGroup @EngelVoelkersHQ

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$578,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$38,547.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$51,434.54
Annual Debt Service$617,214.42