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You are here: Home1 / Higher Caps2 / Property3 / Sold- Miami Loft

Sold- Miami Loft

June 2, 2023/0 Comments/in Property Florida Vacation Properties 400,000 - 500,000 Condo High-rise /by Tom Jeffery

Listed Price: $ 475,000

Currency: USD

Cap Rate 9.86%

City	Miami
State	Florida
Investment Type	Vacation Properties
Investment Opinion Great short term rental in downtown Miami. Beautiful loft can be used as your vacation house and rented for $260/night when you're not around.

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Listing referral and cash flow estimates provided by:
Tom Jeffery - not related to seller

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https://highercaps.com/wp-content/uploads/2023/06/DT-Miami.png 1246 1884 Tom Jeffery https://www.highercaps.com/wp-content/uploads/2021/10/higher-caps-new-logo.jpg Tom Jeffery2023-06-02 23:33:492023-12-23 00:39:56Sold- Miami Loft

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- <100,000
- 1,500,000 – 2,000,000
- 100,000 – 200,000
- 200,000 – 300,000
- 300,000 – 400,000
- 400,000 – 500,000
- 500,000 – 600,000
- 600,000 – 700,000
- 700,000 – 800,000
- 800,000 – 900,000

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3437 Isle Royale Dr, Las Vegas

Sold: La Porte Farm AirBnB

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Cost of having a third party property management company handle the day-to-day landlord tasks, such as finding tenants, responding to tenant requests, etc.

Condo fee, HOA, or any unavoidable fee related to property management that the owner is responsible for

Interest Rates

Americans Investing in the US: 6.25%
Canadians Investing in Canada: 5.5%
Canadians Investing in the US: 6.125%
Americans investing in Canada: 6.0%

Down Payment

Americans Investing in the US: 20%
Canadians Investing in Canada: 20%
Canadians Investing in the US: 25%
Americans investing in Canada: 35%