| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $448,990 |
| Down payment (20.0%) | $89,798 |
| Loan amount | $359,192 |
| Closing costs (5.0%) | $22,450 |
| Total cash to close | $112,248 |
| Income | |
| Rent (comp-derived) | $2,700$32,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,484$29,808 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $711$8,531 |
| Insurance (placeholder 0.8% of price) | $299$3,592 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $135$1,620 |
| Total operating expenses | $1,145$13,743 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $135$1,620 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 1,968 | $3,225 | 2026-06-13 | — | |
| single_family | 3 | 3 | 1,574 | $2,500 | 2026-08-23 | — | |
| single_family | 3 | 2 | 1,459 | $2,450 | 2026-07-29 | — | |
| single_family | 3 | 2 | 1,175 | $2,675 | 2026-05-26 | — | |
| single_family | 3 | 2 | 1,170 | $2,700 | 2026-08-10 | — | |
| single_family | 3 | 2 | 1,200 | $2,300 | 2026-07-19 | — | |
| single_family | 3 | 3 | 1,469 | $3,000 | 2026-06-18 | — | |
| single_family | 3 | 3 | 1,642 | $2,750 | — | — | |
| single_family | 3 | 3 | 1,414 | $2,400 | — | — | |
| single_family | 3 | 3 | 1,431 | $2,700 | — | — | |
| single_family | 3 | 3 | 1,376 | $3,000 | — | — | |
| single_family | 3 | 2 | 1,230 | $2,500 | — | — | |
| single_family | 3 | 1 | 1,196 | $3,300 | 2026-08-29 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 990 SW 9th Ct | single_family | 3 | 2 | 1,053 | $379,900 | 2026-08-12 |
| 578 SW 2nd St | single_family | 3 | 2 | 1,196 | $444,000 | 2026-08-07 |
| 655 SW 4th Ter | single_family | 3 | 1 | 2,283 | $225,000 | 2026-07-02 |
| 1616 NW 7th Pl | single_family | 3 | 2 | 1,358 | $389,000 | 2026-05-26 |
| 743 NW 7th Ave | single_family | 3 | 1 | 1,075 | $415,000 | 2026-05-20 |
| 19555 SW 339th Ter | single_family | 3 | 3 | 1,732 | $512,000 | 2026-05-18 |
| 600 NE 5th Ter | single_family | 3 | 2 | 1,521 | $449,500 | 2026-04-16 |
| 19225 SW 334th St | single_family | 3 | 1 | 880 | $430,000 | 2026-04-15 |
| 18860 SW 354th Ter | single_family | 3 | 2 | 1,440 | $560,000 | 2026-04-07 |
| 624 NE 5th Way | single_family | 3 | 2 | 1,521 | $420,000 | 2026-02-12 |
| 432 NW 15th St | single_family | 3 | 2 | 1,092 | $320,000 | 2026-02-12 |
| 561 NW 10 Ct | single_family | 3 | 3 | — | $303,475 | 2026-02-03 |
| 19645 SW 339th Ter | single_family | 3 | 2 | 1,749 | $511,600 | 2025-12-30 |
| 34480 SW 191st Ave | single_family | 3 | 3 | — | $395,000 | 2025-12-03 |
| 854 SW 9th Ct | single_family | 3 | 2 | 1,344 | $283,000 | 2025-10-15 |
| 175 SW 6th Ln | single_family | 3 | 2 | 1,276 | $300,000 | 2025-10-10 |
| 1461 NW 2nd Ct | single_family | 3 | 1 | 858 | $255,000 | 2025-10-09 |
| 360 SW 3rd St | single_family | 3 | 1 | 1,300 | $395,000 | 2025-09-29 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1431 NE 5th Avenue | townhomes | 3 | 2 | 1,448 | $450,990 | — |
| 35605 SW 180th Ave | single_family | 3 | 2 | 1,414 | $342,990 | — |
| 35817 SW 178th Ct | townhomes | 3 | 3 | 1,338 | $393,790 | — |
| SW 328 St & SW 172nd Ave | single_family | 3 | 2 | 1,545 | $363,990 | — |
| 18917 SW 357 St | condo_townhome_rowhome_coop | 3 | 3 | 1,460 | $347,090 | — |
| 18927 SW 357 St | condo_townhome_rowhome_coop | 3 | 3 | 1,373 | $343,590 | — |
| SW 336 St & SW 194 Ave | single_family | 3 | 2 | 1,732 | $546,990 | — |
| 35605 SW 180th Ave | single_family | 3 | 2 | 1,545 | $351,990 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $462,460 | $16,065 | -$13,254 | $355,298 | $107,162 |
| 2 | $476,333 | $16,616 | -$12,744 | $351,136 | $125,198 |
| 3 | $490,624 | $17,185 | -$12,216 | $346,688 | $143,935 |
| 4 | $505,342 | $17,773 | -$11,671 | $341,935 | $163,407 |
| 5 | $520,502 | $18,380 | -$11,108 | $336,856 | $183,647 |
| 6 | $536,118 | $19,007 | -$10,525 | $331,427 | $204,690 |
| 7 | $552,201 | $19,655 | -$9,923 | $325,626 | $226,575 |
| 8 | $568,767 | $20,324 | -$9,301 | $319,427 | $249,340 |
| 9 | $585,830 | $21,016 | -$8,657 | $312,802 | $273,028 |
| 10 | $603,405 | $21,730 | -$7,992 | $305,722 | $297,683 |