Brad Cozza, David Helm & Jacob Salgado Acquire SFR In Bimini Bahamas For $8.4M
Lot 18 & 19 Rockwell Island Bimini Bahamas
$5,657,595
$833/SF
Building Size
6,785 SF
Asset Type
Single Family Residence
Closing
Apr 10, 2023
AI
Lot 18, 19 & 20 Rockwell Island in Bimini Bahamas has been sold in a closed transaction. The single-family residential property is located in the market of Bimini Bahamas. The property spans a total area of 9,452 square feet and was sold for a price of $8,365,595, resulting in a price per square foot of $885.
Summary of transaction details:
- Property Type: SFR
- Sale Price: $8,365,595
- Address: Lot 18, 19 & 20 Rockwell Island, Bimini Bahamas
- Market: Bimini Bahamas
The buyer of the property is Brad Cozza, David Helm, and Jacob Salgado. The seller in this transaction is Rafael Reyes. The deal was facilitated by Brad Cozza from Cozza Investment Group.
Players
Market 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
2.80%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93