FINANCEDCo-Op
Equity Lending Solutions Provides $7M Bridge Loan For Fix And Flip Projects In Miami, FL
$7,000,000
Building Size
—
Asset Type
Co-Op
Closing
Dec 11, 2022
AI
No summary available.
Players
Market Co-Op Market Snapshot
Boundary boundary · Co-Op · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93